LIVONIA, Mich., May 21, 2024 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or the “Company”), announced today that it has priced $500 million in aggregate principal amount of its 9.000% senior secured second lien notes due 2029 (the “notes”) at an issue price of 97.094% of face amount in a private offering (the “offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The offering of the notes is expected to close on ...

LIVONIA, Mich., May 20, 2024 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE:ALTG) ("Alta" or the "Company"), today announced that it intends to offer, subject to market and other conditions, $500 million in aggregate principal amount of its senior secured second lien notes due 2029 in a private offering (the "offering") that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The notes will be guaranteed by all of the Company's domestic subsidi ...

LIVONIA, Mich., May 20, 2024 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or the “Company”), today announced that it intends to offer, subject to market and other conditions, $500 million in aggregate principal amount of its senior secured second lien notes due 2029 in a private offering (the “offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The notes will be guaranteed by all of the Company’s domestic subsid ...

Alta Equipment Group Inc. (NYSE:ALTG) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Jason Dammeyer - IR Ryan Greenawalt - Chairman and CEO Tony Colucci - CFO Conference Call Participants Matt Summerville - D.A. Davidson Kathryn Thompson - Thompson Research Group Alex Rygiel - B. Riley Ted Jackson - Northland Securities Steve Hansen - Raymond James Operator Good afternoon and thank you for attending the Alta Equipment Group First Quarter 2024 Earnings Conference Call. My name i ...

Alta Equipment (ALTG) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -80.95%. A quarter ago, it was expected that this company would post a loss of $0.05 per share when it actually produced a loss of $0.08, delivering a surprise of -60%.Over the last four quarters, the company has surpas ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Delaware 001-38864 83-2583782 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 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 OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ALTA EQUIPMENT GROUP INC ...

ALTA EQUIPMENT GROUP INC. EARNINGS PRESS RELEASE Exhibit 99.1 Alta Equipment Group Announces First Quarter 2024 Financial Results First Quarter Financial Highlights: • Total revenues increased $20.9 million year over year to $441.6 million • Construction and Material Handling revenues of $255.6 million and $174.3 million, respectively • Product support revenues increased 6.5% year over year with Parts sales increasing to $72.9 million and Service revenues increasing to $64.0 million • New and used equipment ...

LIVONIA, Mich., April 12, 2024 (GLOBE NEWSWIRE) -- On April 8, 2024, the Board of Directors (the "Board") of 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, approved the appointment of Katherine White as the Chair of the Nominating and Governance Committee and Sidhartha Nair, who recently joined the Board effective February 22, 2024, as the Chair of the Compensation Com ...

LIVONIA, Mich., April 03, 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 Series A Cumulative Perpetual Preferred Stock in the amount of $625 per preferred share. This will equate to a dividend of $0.625 for each of the outstanding Depositary Shares representing a ...

Alta Equipment Group Inc. (ALTG) shares rallied 5.4% in the last trading session to close at $12.70. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 0.4% gain over the past four weeks.Alta Equipment’s rally is primarily driven by optimism over strong customer demand, a favorable pricing environment, an increase in new and used equipment sales and parts sales. Also, the acquisition of a distributor of market-l ...