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Manitex reports 4Q loss

BRIDGEVIEW, Ill. (AP) _ Manitex International Inc. (MNTX) on Monday reported a loss of $14.3 million in its fourth quarter.

On a per-share basis, the Bridgeview, Illinois-based company said it had a loss of 88 cents. Earnings, adjusted for one-time gains and costs, came to 2 cents per share.

The maker of forklifts, cranes and other lifting vehicles posted revenue of $65 million in the period.

For the year, the company reported that its loss widened to $35.2 million, or $2.18 per share. Revenue was reported as $289 million.

Manitex shares have risen 13 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $7.74, a rise of 28 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MNTX at https://www.zacks.com/ap/MNTX


Keywords: Manitex, Earnings Report