Welcome to our dedicated page for Alta Equipment Group news (Ticker: ALTG), a resource for investors and traders seeking the latest updates and insights on Alta Equipment Group stock.
Alta Equipment Group Inc (ALTG) provides integrated equipment solutions across material handling and construction sectors through sales, rentals, and nationwide service support. This news hub delivers timely updates on corporate developments essential for tracking ALTG's market position and operational strategy.
Access official press releases covering earnings reports, equipment launches, strategic partnerships, and leadership updates. Investors and industry professionals will find curated announcements on fleet expansions, service innovations, and market expansion initiatives within ALTG's key operational regions.
The repository emphasizes material handling advancements, construction equipment deployments, and aftermarket service enhancements. Content spans financial performance milestones, sustainability initiatives, and technology integrations across ALTG's dual business segments.
Bookmark this page for streamlined access to verified ALTG updates, ensuring informed analysis of their equipment dealership leadership and industrial solutions evolution. Check regularly for new developments impacting North American manufacturing and infrastructure sectors.
Alta Equipment Group (NYSE:ALTG) reported Q2 2025 financial results with total revenues of $481.2 million, down $6.9 million year-over-year but up $58.2 million sequentially. The company experienced mixed segment performance, with Construction Equipment and Master Distribution revenues increasing by $10.0 million to $321.6 million, while Material Handling revenues declined by $14.9 million to $160.7 million.
Key highlights include a 5.6% increase in new and used equipment revenues to $265.6 million, improved service gross profit margin of 59.8%, and a $12.2 million reduction in SG&A expenses. The company reported a net loss of $(6.8) million or $(0.21) per share. Management updated the 2025 Adjusted EBITDA guidance to $171.5-181.5 million and executed share repurchases of 1.14 million shares for $6.5 million during the quarter.
Alta Equipment Group (NYSE:ALTG), a leading provider of premium material handling, construction and environmental processing equipment and related services, has scheduled its second quarter 2025 earnings release and conference call.
The company will release its financial results for Q2 2025 on Thursday, August 7, 2025, after U.S. markets close. Management will host a conference call and webcast at 5:00 p.m. Eastern Time the same day to discuss the results. Supplementary presentation slides will be available on the company's investor relations website prior to the call.
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 company will pay $625 per preferred share, equivalent to $0.625 per Depositary Share (each representing 1/1000th of a preferred share). The dividend will be paid on July 31, 2025, to shareholders of record as of July 15, 2025.
Construction Equipment revenue decreased 3.8% to $245.8 million, while Material Handling revenues fell 9.4% to $157.9 million. Product support revenues showed modest growth to $138.1 million, with service gross profit margin improving by 230 basis points to 60.1%.
The company announced the sale of its Chicago aerial fleet rental business for $18.0 million and reaffirmed its organic guidance for 2025 Adjusted EBITDA between $171.5-186.5 million. In a strategic shift, Alta is suspending its quarterly common stock dividend indefinitely and expanding its share repurchase program by $10 million to $30 million total, including a new $10 million Rule 10b5-1 Plan.
Alta Equipment Group (NYSE: ALTG), a provider of premium material handling, construction and environmental processing equipment and services, has declared a quarterly dividend of $0.057 per share on its common stock. The dividend will be paid on May 30, 2025, to shareholders of record as of May 15, 2025.
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.
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