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) generates news primarily related to financial performance reporting and corporate governance activities. The company operates in the industrial equipment distribution sector, where quarterly earnings announcements reveal revenue trends across sales, rental, parts, and service operations. Equipment distributors face business cycles influenced by construction activity, manufacturing output, and logistics sector investment in material handling capacity.
Investors tracking Alta Equipment Group news typically monitor earnings releases that break down performance across the company's equipment sales, rental fleet utilization rates, parts revenue, and service contract growth. Distribution companies in the industrial machinery sector report metrics including inventory levels, rental fleet size, and geographic market expansion that indicate business trajectory. Dividend announcements for both common and preferred stock provide insight into capital allocation decisions between reinvestment in rental fleet expansion and shareholder returns.
Corporate governance news includes board composition changes and proxy materials detailing executive compensation structures. Equipment distributors require management teams with expertise in manufacturer relationships, customer financing, fleet management, and service operations. The company's news flow reflects the wholesale trade sector's focus on operational performance rather than product innovation, as distributors resell equipment manufactured by brand partners.
This news feed provides coverage of Alta Equipment Group's quarterly financial results, dividend declarations, board activities, and material events affecting the company's operations in Midwest equipment distribution markets. Bookmark this page to follow developments in industrial equipment wholesale operations and the factors influencing distributor profitability.
Alta Equipment Group (NYSE: ALTG) announced its Board approved a quarterly dividend on the Series A Cumulative Perpetual Preferred Stock of $625 per preferred share. That payment equates to a dividend of $0.625 for each outstanding Depositary Share representing a 1/1000th fractional interest in one share of Series A Preferred. The payment date is January 30, 2026, to shareholders of record at the close of business on January 15, 2026.
Alta Equipment Group (NYSE: ALTG) reported third quarter 2025 results for the period ended September 30, 2025. Total revenues were $422.6 million, down $26.2 million or 5.8% year‑over‑year. Product support revenues rose 1.1% to $141.7 million and product support gross margin improved 160 basis points to 47.2%. The company recorded a net loss available to common stockholders of $(42.3) million, or $(1.31) per share, and Adjusted EBITDA of $41.7 million, down $1.5 million. A $24.4 million income tax expense related to a valuation allowance from the OBBBA legislation affected results. Alta completed the Dock and Door divestiture for $6.4 million and updated full‑year 2025 Adjusted EBITDA guidance to $168–$172 million.
Alta Equipment Group (NYSE: ALTG) will report third quarter results for the period ended September 30, 2025 after U.S. markets close on Thursday, November 6, 2025. Management will host a conference call and webcast the same day at 5:00 p.m. Eastern Time to discuss results and answer questions. A press release and supplementary presentation slides will be posted on the company’s Investors website before the call.
Conference access includes a U.S. live call at (833) 470-1428, international at (404) 975-4839, live call access code 207108, and a webcast link. An audio replay is available through November 13, 2025.
Alta Equipment Group (NYSE: ALTG) announced its Board approved a quarterly dividend on its Series A Cumulative Perpetual Preferred Stock of $625 per preferred share. For holders of outstanding depositary shares (each representing a 1/1000th interest in a preferred share) the dividend equals $0.625 per depositary share. The dividend payment date is October 31, 2025, to shareholders of record at the close of business on October 15, 2025. The announcement applies to Series A preferred shareholders only and does not disclose aggregate payout or impact on common shareholders.
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.
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