Third Quarter Financial Highlights: Total revenues decreased $17.4 million year over year to $448.8 millionConstruction Equipment and Material Handling revenues of $262.3 million and $168.9 million, respectivelyProduct support revenues increased 7.8% year over year with Parts sales increasing to $75.6 million and Service revenues increasing to $64.6 millionNew and used equipment sales decreased 13.3% year over year to $219.8 millionNet loss available to common stockholders of $(28.4) million Basic and dilut ...

LIVONIA, Mich., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that it will report its financial results for the third quarter ended September 30, 2024, after the U.S. markets close on Tuesday, November 12, 2024. In conjunction with this announcement, Alta management will host a conference call and webcast that afterno ...

Alta Equipment (ALTG) shares ended the last trading session 15.8% higher at $7.54. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 10% gain over the past four weeks.Alta Equipment’s rally is largely driven by optimism regarding rising customer demand, a favorable pricing environment, an increase in rental, new & used equipment and parts sales. Also, the acquisition of a distributor of market-leading construction an ...

Company Overview - Alta Equipment Group operates 85 heavy equipment dealership locations across the Midwest, Northeast, and Canada [1] - The company has established long-standing partnerships with original equipment manufacturers (OEMs) such as Volvo and Hyster-Yale [1] Business Segments - Alta Equipment Group operates in two main segments: 'Material Handling' and 'Construction Equipment' [1] - The company sells a variety of heavy equipment including forklifts, mining equipment, and excavators [1]

Alta Equipment Group Inc. (NYSE:ALTG) Q2 2024 Earnings Call Transcript August 7, 2024 5:00 PM ET Company Participants Jason Dammeyer - Investor Relations Ryan Greenawalt - Chairman & Chief Executive Officer Tony Colucci - Chief Financial Officer Conference Call Participants Canyon Hayes - D.A. Davidson Steve Hansen - Raymond James Steven Ramsey - Thompson Research Group Alex Rygiel - B. Riley Ted Jackson - Northland Securities Operator Good afternoon and thank you for attending the Alta Equipment Group Seco ...

Alta Equipment (ALTG) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -850%. A quarter ago, it was expected that this company would post a loss of $0.21 per share when it actually produced a loss of $0.38, delivering a surprise of -80.95%.Over the last four quarters, the company has surpa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, $0.0001 par value per share ALTG The New York Stock Exchange Depositary Shares representing a 1/1000 fractional interest in a share of 10% Series A Cumulative Perpetual Preferred Stock, $0.0001 par value per share th ALTG PRA The New York Stock Exchange FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ...

ALTA EQUIPMENT GROUP INC. EARNINGS PRESS RELEASE Exhibit 99.1 Alta Equipment Group Announces Second Quarter 2024 Financial Results Second Quarter Financial Highlights: • Total revenues increased $19.7 million year over year to $488.1 million • Construction Equipment and Material Handling revenues of $294.9 million and $175.6 million, respectively • Product support revenues increased 10.1% year over year with Parts sales increasing to $78.0 million and Service revenues increasing to $66.2 million • New and u ...

Second Quarter Financial Highlights: Total revenues increased $19.7 million year over year to $488.1 millionConstruction Equipment and Material Handling revenues of $294.9 million and $175.6 million, respectivelyProduct support revenues increased 10.1% year over year with Parts sales increasing to $78.0 million and Service revenues increasing to $66.2 millionNew and used equipment sales decreased 1.2% year over year to $251.5 millionNet loss available to common stockholders of $(12.6) million Basic and dilu ...

LIVONIA, Mich., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or "the Company"), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that its Board of Directors approved the quarterly dividend on its common stock in the amount of $0.057 per share. The dividend payment date is August 30, 2024, to shareholders of record at the close of business on August 15, 2024. About Alta Equipment Grou ...