The Manitowoc Company Reports First-Quarter 2026 Financial Results; Maintains Full Year 2026 Guidance

MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported a first-quarter net loss of $6.0 million, or $(0.17) per diluted share. First-quarter adjusted net loss(1) was $4.6 million or ($0.13) per diluted share. Orders in the first quarter were $645.7 million, a 5.8% increase from the prior year, resulting in backlog of $939.9 million. Net sales in the first quarter were $494.6 million, an increase of 5.0% from the prior year. Non-new mach.