Manitex International, Inc. (NASDAQ:MNTX) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET

Company Participants

Paul Bartolai - Vallum Advisors
Michael Coffey - CEO
Joseph Doolan - CFO

Conference Call Participants

Ted Jackson - Northland Securities

Operator

Good morning, ladies and gentlemen, and welcome to the Manitex International Second Quarter 2024 Results Conference Call. At this time, all lines are in listen-only mode [ph] and following the presentation, we will conduct a question-and-answer session. [Operator Instructions] This call is being recorded on Wednesday, August 7th, 2024.

I would now like to turn the conference over to Paul Bartolai, Investor Relations. Please go ahead.

Paul Bartolai

Thank you. Good morning everyone and welcome to Manitex International's second quarter 2024 results conference call. Leading the call today are CEO, Michael Coffey; and CFO, Joseph Doolan.

We issued a press release earlier today detailing our second quarter 2024 operational and financial results. This release, together with the accompanying presentation materials, are publicly available in the Investors section -- Investor Relations' section of our corporate website at www.manitexinternational.com.

I would like to remind you that management's commentary and responses to questions on today's conference call may include forward-looking statements, which, by their nature, are uncertain and outside of the company's control. Although these forward-looking statements are based on management's current expectations and beliefs, actual results could differ materially.

For a discussion of some of the factors that could cause results to differ, please refer to the Risk Factors section of our latest filings with the SEC. Additionally, please note that you can find reconciliations of historical non-GAAP financial measures in the press release issued earlier today and in the appendix of this presentation.

Today's call will begin with prepared remarks from CEO, Michael Coffey, who will provide a review of our recent business performance, including an update on the progress we have made on our new Elevating Excellence initiative, followed by a financial update from our CFO, Joseph Doolan. At the conclusion of these prepared remarks, we will open the line for your questions.

With that, I'll turn the call over to Mike.

Michael Coffey

Thank you, Paul and good morning to everyone joining us on the call today. During the second quarter, we continued to make important progress on our Elevating Excellence strategy and as a result, we produced further margin expansion, generated strong adjusted EBITDA growth, and further reduced our net leverage.