Covid-19 impacts Manitex International’s second quarter results

06 August 2020

Manitex CEO Steve Filipov said the company is preparing for lower demand, exacerbated by the Covid-19 pandemic, which may persist throughout the year, particularly in the Manitex boom truck side of the business. 

Manitex International’s second quarter 2020 results were negatively impacted by the global Covid-19 pandemic. Net revenues from continuing operations for the second quarter were $37.1 million, compared to $57.4 million in the prior year’s period, and net loss from continuing operations was $(2.4) million, or $(0.12) per share, compared to…

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