Alta Equipment Group Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Adjusted EBITDA Guidance for 2024 [Financial Post (Toronto, Ontario, Canada)]
Alta Equipment Group Inc. Class A (ALTG)
Company Research
Source: Financial Post
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 $(1.5) million in 2022 Basic and diluted net loss per share of $(0.08) compared to $(0.05) in 2022 Adjusted basic and diluted net income per share* of $0.03 for 2023 compared to $0.10 for 2022 Adjusted EBITDA* grew 16.4% to $49.7 million compared to $42.7 million in 2022 Completed acquisitions of Burris Equipment Company and Ault Industries Inc. Article content Article content 2023 Full Year Financial Highlights: (comparisons are year over year) Total revenues increased $305.0 million year over year to $1,876.8 million Construction and Material Handling revenues of $1,124.7 million and $681.5
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News
- Alta Equipment Group Announces Date of First Quarter 2024 Financial Results Release, Conference Call and Webcast [Yahoo! Finance]Yahoo! Finance
- Alta Equipment Group Announces Date of First Quarter 2024 Financial Results Release, Conference Call and Webcast [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Alta Equipment Group Announces Date of First Quarter 2024 Financial Results Release, Conference Call and WebcastGlobeNewswire
- Alta Equipment Group Inc. (NYSE:ALTG) Delivered A Weaker ROE Than Its Industry [Yahoo! Finance]Yahoo! Finance
- Alta Equipment Group Announces Board Refreshment [Yahoo! Finance]Yahoo! Finance
ALTG
Earnings
- 3/14/24 - Beat
ALTG
Sec Filings
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- ALTG's page on the SEC website