The manitowoc company reports fourth-quarter and full-year 2023 financial results and full-year 2024 guidance

Milwaukee--(business wire)--the manitowoc company, inc. (nyse: mtw) (the “company” or “manitowoc”) today reported a fourth-quarter net loss of $7.9 million, or $0.23 per diluted share. fourth-quarter adjusted net income(1) was $3.4 million or $0.09 per diluted share. net sales in the fourth quarter decreased 4.2% year-over-year to $595.8 million and were favorably impacted by $9.0 million from changes in foreign currency exchange rates. fourth-quarter adjusted ebitda(1) was $36.5 million, a dec.
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