---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-023878"
form_type: "8-K"
ticker: "ALTG"
cik: "0001759824"
company_name: "ALTA EQUIPMENT GROUP INC."
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:41:18.318906+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Alta Q3 revenue $405M (+37% YoY), net income $4.4M; raises FY22 EBITDA guidance to $155-158M

## Summary
- Q3 revenue $405.0M (+37.3% YoY); net income to common $4.4M vs loss of $0.6M.
- Adjusted EPS $0.18 vs $0.01; Adjusted EBITDA $44.0M (+39.2% YoY).
- Raises FY2022 Adjusted EBITDA guidance to $155-158M from prior $147-152M.
- Declares regular quarterly dividend $0.057/share, payable Nov 30 to holders of record Nov 15.
- Closed acquisition of Ecoverse Industries on Nov 1; gains exclusive NA distribution rights for enviro equipment.

## SEC filing metadata
- accession: 0000950170-22-023878
- form_type: 8-K
- ticker: ALTG
- cik: 0001759824
- company_name: ALTA EQUIPMENT GROUP INC.
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759824/000095017022023878/0000950170-22-023878-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759824/000095017022023878/altg-20221109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-023878
- JSON: https://secwatch.observer/filing/0000950170-22-023878.json
- Plain text: https://secwatch.observer/filing/0000950170-22-023878.txt

## Key facts
- Earnings Releases
  ALTA EQUIPMENT GROUP INC. reported the third quarter ended September 30, 2022 results: revenue $405.0 million, net income $4.4 million, EPS $0.14. Guidance raised.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $405.0 million
  - Net income: $4.4 million
  - EPS: $0.14
  - Guidance: raised
  - Result: reported results
  source text: Results And Raises 2022 Guidance for Adjusted EBITDA Third Quarter Financial Highlights: (comparisons are year over year) • Total revenues increased 37.3% year over year to $405.0 million • Construction and Material Handling revenue of $249.7 million and $155.3 million, respectively • Product Support revenue increased $29.4 million year over year to $116.1 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1759824/000095017022023878/0000950170-22-023878-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
