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 ...

Alta Equipment Group Inc. (NYSE:ALTG) Q4 2023 Earnings Conference Call March 14, 2024 5:00 PM ET Company Participants Jason Dammeyer - Investor Relations Ryan Greenawalt - Chairman and Chief Executive Officer Tony Colucci - Chief Financial Officer Conference Call Participants Matt Summerville - D.A. Davidson Steven Ramsey - Thompson Research Group Steve Hansen - Raymond James Min Cho - B. Riley Ted Jackson - Northland Securities Operator Good afternoon and thank you for attending the Alta Equipment Group Fo ...

Alta Equipment (ALTG) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -60%. A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced earnings of $0.20, delivering a surprise of 400%.Over the last four quarters, the company has surpassed ...

Fourth Quarter Financial Highlights: (comparisons are year over year) Total revenues increased 21.7% year over year to $521.5 millionConstruction and Material Handling revenues of $328.1 million and $179.0 million, respectivelyProduct support revenues increased 14.2% year over year with Parts sales increasing to $69.1 million and Service revenues increasing to $60.8 millionNew and used equipment sales grew 25.1% to $298.1 millionNet loss available to common stockholders of $(2.7) million compared to $(1.5) ...

ALTA EQUIPMENT GROUP INC. EARNINGS PRESS RELEASE Exhibit 99.1 Alta Equipment Group Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Adjusted EBITDA Guidance for 2024 Fourth Quarter Financial Highlights: (comparisons are year over year) • Total revenues increased 21.7% year over year to $521.5 million • Construction and Material Handling revenues of $328.1 million and $179.0 million, respectively • Product support revenues increased 14.2% year over year with Parts sales increasing t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-38864 ALTA EQUIPMENT GROUP INC. (Exact name of Registrant as specified in its Charter) Delaware 83-2583782 (State or other jurisdicti ...

LIVONIA, Mich., Feb. 29, 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 fourth quarter and year ended December 31, 2023, after the U.S. markets close on Thursday, March 14, 2024. In conjunction with this announcement, Alta management will host a conference call and webcast that af ...

LIVONIA, Mich., Feb. 26, 2024 (GLOBE NEWSWIRE) -- On February 22, 2024, 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, increased the size of the Board of Directors (the "Board") from five to six directors and subsequently appointed Sidhartha Nair to the Board, effective immediately. Mr. Nair, age 52, is the Head of Strategy, Americas Region, for Mercedes-Benz Mobility ...