Alta Equipment Group Inc Stock Price, News & Analysis

Alta Equipment Group (NYSE: ALTG) has scheduled its first quarter 2025 financial results announcement for Wednesday, May 7, 2025, after U.S. markets close. The company, a leading provider of premium material handling, construction and environmental processing equipment and related services, will host a conference call and webcast at 5:00 p.m. Eastern Time on the same day.

Management will discuss the Q1 2025 results and answer questions during the call. Prior to the event, Alta will release financial results and supplementary presentation slides on their investor relations website. The earnings call can be accessed via phone at (833) 470-1428 (U.S.) or (404) 975-4839 (International) using access code 894785. An audio replay will be available through May 21, 2025.

Alta Equipment Group (NYSE: ALTG), a premium material handling, construction and environmental processing equipment provider, has declared its quarterly dividend for Series A Cumulative Perpetual Preferred Stock. The Board of Directors approved a dividend of $625 per preferred share, which translates to $0.625 per Depositary Share (each representing 1/1000th fractional interest in one Series A Preferred share).

The dividend will be paid on April 30, 2025, to shareholders recorded as of April 15, 2025.

Alta Equipment Group (ALTG) reported challenging financial results for Q4 and full year 2024, with total revenues declining 4.5% to $498.1M in Q4 and remaining flat at $1.87B for the full year. The company faced significant headwinds including elevated interest rates and construction market uncertainty.

Key financial metrics show:

• Q4 net loss of $(11.4M) compared to $(2.7M) in 2023
• Full-year net loss of $(65.1M) versus $5.9M profit in 2023
• Product support revenues grew 5.5% year-over-year
• Equipment sales decreased 3.8% to $987.0M for the year

Despite challenges, Alta demonstrated resilience through its dealership model and achieved organic growth in product support for the fifth consecutive year. The company provided 2025 Adjusted EBITDA guidance of $175.0M to $190.0M, expressing optimism for market normalization and improved performance.

Alta Equipment Group (NYSE: ALTG), a provider of premium material handling, construction and environmental processing equipment and services, has scheduled its Fourth Quarter and Full Year 2024 earnings release for Wednesday, March 5, 2025, after U.S. markets close.

The company will host a conference call and webcast at 5:00 p.m. Eastern Time on the same day to discuss financial results. Management will present and answer questions about the company's performance. Prior to the call, Alta will release financial results and supplementary presentation slides on their investor relations website.

The earnings call will be accessible via phone at (833) 470-1428 for domestic callers and (404) 975-4839 for international callers, using access code 626132. An audio replay will be available through March 19, 2025, using replay code 909287.

Alta Equipment Group (NYSE: ALTG) has announced its Board of Directors has approved a quarterly dividend of $0.057 per share on its common stock. The dividend will be paid on February 28, 2025, to shareholders of record as of the close of business on February 15, 2025. Alta Equipment Group operates as a provider of premium material handling, construction and environmental processing equipment and related services.

Alta Equipment Group (NYSE: ALTG) has announced its Board of Directors' approval of a quarterly dividend for its Series A Cumulative Perpetual Preferred Stock. The dividend amounts to $625 per preferred share, which translates to $0.625 per Depositary Share (representing a 1/1000th fractional interest in one Series A Preferred share). The dividend will be paid on January 31, 2025, to shareholders recorded as of the close of business on January 15, 2025. Alta Equipment Group operates as a premium provider of material handling, construction, and environmental processing equipment and related services.

Alta Equipment Group (NYSE: ALTG) reported Q3 2024 financial results with total revenues decreasing by $17.4 million to $448.8 million year-over-year. The company experienced a net loss of $(28.4) million, with basic and diluted net loss per share of $(0.86). While new and used equipment sales declined 13.3% to $219.8 million, product support revenues showed growth of 7.8%. The Construction Equipment segment faced challenges with a 29.5% organic decrease in new and used equipment revenues. The company reduced its net debt by $38.7 million in the quarter and updated its 2024 Adjusted EBITDA guidance to between $170.0-175.0 million. The Board approved an increase in share buyback authorization from $12.5 million to $20.0 million.

Alta Equipment Group (NYSE: ALTG), a provider of premium material handling, construction and environmental processing equipment and services, has scheduled its third quarter 2024 financial results announcement. The company will release results for the quarter ended September 30, 2024, after market close on Tuesday, November 12, 2024, followed by a conference call and webcast at 5:00 p.m. Eastern Time. Management will discuss results and answer questions during the call. Supplementary presentation slides will be available on the company's investor website prior to the call.

Alta Equipment Group (NYSE: ALTG) has declared a quarterly dividend of $0.057 per share on its common stock. The dividend will be paid on November 29, 2024, to shareholders of record as of the close of business on November 15, 2024. Alta Equipment Group operates as a provider of premium material handling, construction and environmental processing equipment and related services.