secwatch.observer — SEC 8-K summary
======================================

Issuer:     ALTA EQUIPMENT GROUP INC. (ALTG)
CIK:        0001759824
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0000950170-22-023878
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1759824/000095017022023878/0000950170-22-023878-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1759824/000095017022023878/altg-20221109.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-023878

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer