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 surpas ...

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 to $69.1 million and Service revenues increasing to $60.8 million New and used equipment sales grew 25.1% to $298.1 million Net loss available to common stockholders of $(2.7) million compared to $(1 ...

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 ...

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 ...

公司财务 - Alta Equipment Group Inc.宣布将于2023年12月31日结束的第四季度和全年财务结果于2024年3月14日发布[1] - Alta Equipment Group Inc.将在发布财务结果后举行电话会议和网络直播，讨论公司财务状况[2] 公司业务 - Alta Equipment Group Inc.拥有美国最大的综合设备经销平台，分布在美国和加拿大，提供各类专业设备的销售、租赁、配件和服务支持[4]

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 ...

Alta Equipment Group Inc. (ALTG) shares ended the last trading session 6.7% higher at $11.74. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 7.6% loss over the past four weeks. Alta Equipment’s rally is primarily driven by optimism over the strong momentum in its construction and material handling businesses. Solid orders for the company's products and services and acquisitions of Burris Equipment and Ault Industr ...

LIVONIA, Mich., Feb. 02, 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 common stock in the amount of $0.057 per share. The dividend payment date is February 29, 2024, to shareholders of record at the close of business on February 15, 2024. About Alta Equipment G ...

LIVONIA, Mich., Jan. 22, 2024 (GLOBE NEWSWIRE) -- On January 18, 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, appointed Jeff Hoover as Chief Legal Officer and General Counsel effective immediately. Mr. Hoover comes to Alta via Dinsmore & Shohl LLP, a national law firm, and prior to that Howard & Howard Attorneys, PLLC where he was a Partner at both firms and sp ...

财务数据和关键指标变化 - 总收入增长15.1%至4.662亿美元,其中建筑和材料搬运收入分别为2.82亿美元和1.686亿美元 [10] - 新旧设备销售增长20.7%至2.536亿美元 [10] - 产品支持收入增长12.1%,其中零件销售增加至6950万美元,服务收入增加至6060万美元 [11] - 调整后EBITDA增长15.9%至5100万美元 [11] 各条业务线数据和关键指标变化 - 建筑业务表现强劲,尤其是在佛罗里达市场 [12][13] - 材料搬运设备需求保持强劲,订单量创历史新高 [13] 各个市场数据和关键指标变化 - 制造业市场保持稳定,尤其是中西部地区的汽车制造业 [60][61] - 仓储和物流市场需求有所放缓,特别是自动化解决方案 [61] - 食品饮料、化工和医疗等行业需求保持强劲 [61] 公司战略和发展方向及行业竞争 - 公司通过收购Burris Equipment和Ault Industries拓展了在紧凑型建筑设备和采石/矿业设备领域的业务 [14][15][16] - 公司计划在宾夕法尼亚州中西部地区开设两家CASE Power & Equipment经销店,进一步扩大在该地区的业务 [17][18] - 公司专注于提高资本回报率,并将其作为高管薪酬的主要指标之一 [35][36] 管理层对经营环境和未来前景的评论 - 尽管宏观经济环境存在挑战,但公司主要业务领域的需求仍然强劲 [12][13] - 供应链持续改善,公司对2024年前景保持乐观 [13][44][45][47] - 公司将继续专注于提高资本回报率,并利用现金流进行战略性投资和并购 [38] 问答环节重要的提问和回答 问题1 **Alex Rygiel 提问** 询问公司2024年的订单情况以及客户对利率上升的反应 [44][45][47] **Tony Colucci 回答** 材料搬运业务订单量创历史新高,建筑业务订单也保持强劲。尽管宏观经济存在不确定性,但公司仍对2024年前景保持乐观 [44][45][47] 问题2 **Ryan Greenawalt 提问** 解释公司在采石/矿业设备等专业设备领域的优势,包括较高的毛利率和产品支持收入 [49][50][51] **Tony Colucci 回答** Ault公司的业务模式类似于Ecoverse,属于专业设备领域,毛利率较高,产品支持收入也较高 [51] 问题3 **Steve Ramsey 提问** 询问材料搬运业务部件和服务毛利率改善的原因,以及是否可持续 [87][88] **Tony Colucci 回答** 通过优化非计费时间和调整价格策略,公司提高了该业务线的毛利率,并认为这种趋势可以持续 [87][88]