{"id":8412,"date":"2016-11-10T13:40:34","date_gmt":"2016-11-10T13:40:34","guid":{"rendered":"http:\/\/minutes.machine.market\/?p=8412"},"modified":"2016-11-10T13:40:34","modified_gmt":"2016-11-10T13:40:34","slug":"manitex-reports-3q-loss-of-20-6-million","status":"publish","type":"post","link":"https:\/\/machine.market\/blog\/manitex-reports-3q-loss-of-20-6-million\/","title":{"rendered":"Manitex reports 3Q loss of $20.6 million"},"content":{"rendered":"<p class=\"canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm canvas-atom\" data-type=\"text\" data-reactid=\"5\"><a href=\"http:\/\/www.manitexinternational.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Manitex<\/a> International Inc. (MNTX) on Wednesday reported a third-quarter loss of $20.6 million, after reporting a profit in the same period a year earlier.<\/p>\n<p class=\"canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm canvas-atom\" data-type=\"text\" data-reactid=\"6\">On a per-share basis, the Bridgeview, Illinois-based company said it had a loss of $1.27. Earnings, adjusted to account for discontinued operations and non-recurring costs, came to 5 cents per share.<\/p>\n<p class=\"canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm canvas-atom\" data-type=\"text\" data-reactid=\"7\">The maker of forklifts, cranes and other lifting vehicles posted revenue of $74.1 million in the period.<\/p>\n<p class=\"canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm canvas-atom\" data-type=\"text\" data-reactid=\"8\">Manitex shares have declined 8 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.46, a decline of 21 percent in the last 12 months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Manitex International Inc. (MNTX) on Wednesday reported a third-quarter loss of $20.6 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Bridgeview, Illinois-based company said it had a loss of $1.27. Earnings, adjusted to account for discontinued operations and non-recurring costs, came to 5 cents per share. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8413,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":""},"categories":[3,8],"tags":[381,565,1003],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Manitex reports 3Q loss of $20.6 million - MachineMarket Blog<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cranemarket.com\/blog\/manitex-reports-3q-loss-of-20-6-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Manitex reports 3Q loss of $20.6 million - MachineMarket Blog\" \/>\n<meta property=\"og:description\" content=\"Manitex International Inc. (MNTX) on Wednesday reported a third-quarter loss of $20.6 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Bridgeview, Illinois-based company said it had a loss of $1.27. Earnings, adjusted to account for discontinued operations and non-recurring costs, came to 5 cents per share. 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