Alta Equipment Group Inc. Reports First Quarter 2022 Financial Results
Alta Equipment Group Inc. Class A (ALTG)
Company Research
Source: Business Wire
First Quarter Financial Highlights: (comparisons are year over year)Net revenues increased 23.4% year over year to $331.7 millionConstruction and Material Handling revenue of $206.1 million and $125.6 million, respectivelyProduct Support revenue increased $21.5 million year over year to $101.6 millionRecord first quarter financial results primarily due to strong demand for equipment and product support growthNet loss of $(2.0) million available to common shareholders compared to a loss of $(5.7) million in 2021Adjusted basic and diluted net loss per share* of $(0.02) compared to $(0.14) in 2021Adjusted EBITDA* grew 30.4% to $30.0 million, compared to $23.0 million in 2021 LIVONIA, Mich.--(BUSINESS WIRE)--Alta Equipment Group Inc. (“Alta” or the “Company”) (NYSE: ALTG), a leading provider of premium material handling and construction equipment and related services, today announced financial results for the first quarter ended March 31, 2022.CEO Comment:Ryan Greenawalt, Chief Executi
Show less
Read more
Impact Snapshot
Event Time:
ALTG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ALTG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ALTG alerts
High impacting Alta Equipment Group Inc. Class A news events
Weekly update
A roundup of the hottest topics
ALTG
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