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 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) ...