secwatch.observer — SEC 8-K summary
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Issuer:     ALTA EQUIPMENT GROUP INC. (ALTG)
CIK:        0001759824
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0000950170-23-020551
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1759824/000095017023020551/0000950170-23-020551-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1759824/000095017023020551/altg-20230510.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-020551

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