Alta Equipment Group Q4 Earnings Call Highlights

Colucci emphasized that stronger equipment sales, combined with ongoing rental fleet reductions, supported cash flow and balance sheet improvement. Net debt declined by approximately $25 million sequentially during the quarter.Chief Financial Officer Tony Colucci said Alta generated approximately $509 million in fourth-quarter revenue, up $11 million from the prior year, primarily due to higher equipment sales. New and used equipment sales totaled about $301 million, up $13.8 million year-over-year and up r ...