---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-020551"
form_type: "8-K"
ticker: "ALTG"
cik: "0001759824"
company_name: "ALTA EQUIPMENT GROUP INC."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T06:46:34.204483+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Alta Equipment Q1 revenue $420.7M (+26.8% YoY); raises FY EBITDA guidance to $180-188M

## Summary
- Revenue $420.7M, up 26.8% YoY; net income $0.2M available to common vs loss of $2.0M.
- Adjusted EBITDA $40.8M, +36% YoY; adjusted EPS $0.04 vs -$0.02 loss.
- FY2023 Adjusted EBITDA guidance raised to $180-188M from prior $177-185M.
- Construction segment $233.1M, Material Handling $164.8M, new Master Distribution $26.7M.
- Regular quarterly dividend $0.057 per common share declared.

## SEC filing metadata
- accession: 0000950170-23-020551
- form_type: 8-K
- ticker: ALTG
- cik: 0001759824
- company_name: ALTA EQUIPMENT GROUP INC.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759824/000095017023020551/0000950170-23-020551-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759824/000095017023020551/altg-20230510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-020551
- JSON: https://secwatch.observer/filing/0000950170-23-020551.json
- Plain text: https://secwatch.observer/filing/0000950170-23-020551.txt

## Key facts
- Earnings Releases
  ALTA EQUIPMENT GROUP INC. reported first quarter ended March 31, 2023 results: revenue $420.7 million, net income $0.2 million, EPS $0.01. Guidance raised.
  - Period: first quarter ended March 31, 2023
  - Revenue: $420.7 million
  - Net income: $0.2 million
  - EPS: $0.01
  - Guidance: raised
  - Result: reported results
  source text: Results and Increases Adjusted EBITDA Guidance for 2023 First Quarter Financial Highlights: (comparisons are year over year) • Total revenues increased 26.8% year over year to $420.7 million • Construction and Material Handling revenue of $233.1 million and $164.8 million, respectively • Introduced separate reporting segment, Master Distribution, with revenue of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1759824/000095017023020551/0000950170-23-020551-index.htm

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