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HYSTER-YALE ANNOUNCES DATES OF FOURTH QUARTER AND FULL YEAR 2025 EARNINGS RELEASE AND WEBCAST
Prnewswire· 2026-02-24 11:30
HYSTER-YALE ANNOUNCES DATES OF FOURTH QUARTER AND FULL YEAR 2025 EARNINGS RELEASE AND WEBCAST [Accessibility Statement] Skip NavigationCLEVELAND, Feb. 24, 2026 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) announced today it will release its Fourth Quarter and Full Year 2025 financial results after the market closes on Tuesday, March 3, 2026.In conjunction with this release, the Company will host a webcast with the financial community at 11:00 a.m. ET on Wednesday, March 4, 2026, to discuss the financial res ...
Alta Equipment Group Announces Date of Fourth Quarter and Full Year 2025 Financial Results Release, Conference Call and Webcast
Globenewswire· 2026-02-19 12:00
LIVONIA, Mich., Feb. 19, 2026 (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 full year ended December 31, 2025, after the U.S. markets close on Thursday, February 26, 2026. In conjunction with this announcement, Alta management will host a conference call and webca ...
Alta Equipment Group Announces Board Observer
Globenewswire· 2026-01-22 21:30
Core Insights - Alta Equipment Group Inc. has entered into a Cooperation Agreement with Mill Road Capital, allowing Mill Road to appoint a non-voting observer to its Board of Directors [1][3] - Deven Petito has been appointed as the initial Board observer by Mill Road, bringing experience from his previous roles in private equity and investment banking [2] - The agreement reflects a commitment to enhancing long-term value for all shareholders, as stated by both the CEO of Alta and Mr. Petito [3] Company Overview - Alta Equipment Group Inc. is a leading provider of premium material handling, construction, and environmental processing equipment, operating one of the largest integrated equipment dealership platforms in North America [4] - The company has a branch network of over 80 locations across various states in the U.S. and Canadian provinces, offering a wide range of specialized equipment and services [4] - Alta has been in operation for 41 years, providing a comprehensive product portfolio to meet customer equipment needs [4]
Alta Equipment Group Announces Date of Third Quarter 2025 Financial Results Release, Conference Call and Webcast
Globenewswire· 2025-10-30 11:00
Core Viewpoint - Alta Equipment Group Inc. will report its financial results for the third quarter of 2025 on November 6, 2025, after U.S. market close, followed by a conference call and webcast to discuss the results [1]. Group 1: Financial Reporting - The financial results for the third quarter ended September 30, 2025, will be announced after the market closes on November 6, 2025 [1]. - A conference call and webcast will take place on the same day at 5:00 p.m. Eastern Time to discuss the financial results and answer questions [1][2]. Group 2: Company Overview - Alta Equipment Group Inc. is a leading provider of premium material handling, construction, and environmental processing equipment, operating one of the largest integrated equipment dealership platforms in North America [3]. - The company has a branch network of over 80 locations across various states in the U.S. and Canadian provinces, offering a wide range of specialized equipment and services [3].
Alta Equipment Group Announces First Quarter 2025 Financial Results, Reaffirms Organic Guidance post-Business Divestiture, and Introduces Rebalancing in Capital Allocation Strategy
Globenewswire· 2025-05-07 20:15
Core Viewpoint - Alta Equipment Group Inc. reported a decrease in total revenues for the first quarter of 2025, highlighting the resilience of its business model despite macroeconomic uncertainties. The company is focusing on infrastructure-related projects, which are expected to drive consistent demand for heavy equipment throughout the year [2][3]. Financial Performance - Total revenues for the quarter were $423.0 million, a decrease of 4.2% compared to the first quarter of the previous year [4][8]. - Construction Equipment revenue was $245.8 million, down 3.8%, primarily due to a strategic initiative to reduce the rent-to-sell fleet size [4][8]. - Material Handling revenues decreased by 9.4% to $157.9 million, while the Master Distribution business saw a significant rebound with a 35.9% increase in revenues to $17.4 million [4][8]. - Adjusted EBITDA for the quarter was $33.6 million, slightly down from $34.1 million a year ago [4][8]. Cost Management - Selling, general and administrative expenses were reduced by $7.9 million year over year, contributing to improved margins [4][8]. - The service gross profit percentage increased by 230 basis points year over year to 60.1% [4][8]. Strategic Initiatives - The company has entered into a definitive agreement to divest substantially all of its aerial fleet rental equipment business in the Chicagoland market for $18.0 million, with proceeds allocated to reducing outstanding debt [3][8]. - The Board of Directors has authorized the indefinite suspension of the quarterly common stock dividend, reallocating approximately $8 million in annual dividend payments to an expanded share repurchase program [5][8]. Market Outlook - The stability in the Construction Equipment segment is attributed to customers focusing on infrastructure-related projects, which are expected to drive consistent demand for heavy equipment [3][8]. - The company reaffirms its organic guidance range, expecting Adjusted EBITDA for the fiscal year 2025 to be between $171.5 million and $186.5 million [8].