The Manitowoc Company Reports Second-Quarter 2025 Financial Results

MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported second-quarter net income of $1.5 million, or $0.04 per diluted share. Second-quarter adjusted net income(1) was $2.8 million, or $0.08 per diluted share. Orders in the second quarter were $453.9 million, a 6.0% increase from the prior year, resulting in backlog of $729.3 million. Net sales in the second quarter were $539.5 million a decrease of 4.0% from the prior year and included