{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-040622","form_type":"8-K","ticker":"ALTG","cik":"0001759824","company_name":"ALTA EQUIPMENT GROUP INC.","filed_at":"2023-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.140525+00:00","generated_at":"2026-06-11T22:54:30.406266+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Alta Q2 revenue up 15% to $468M; net income down 69% to $1.7M; reaffirms FY EBITDA guidance","bullets":["Total revenues $468.4M (+15.2% YoY); Construction $281.5M, Material Handling $169.1M, Master Distribution $21.4M.","Net income available to common $1.7M ($0.05 diluted EPS) vs $5.4M ($0.17) in Q2 2022; adjusted EPS $0.19 vs $0.26.","Adjusted EBITDA $49.9M (+20.5% YoY); FY 2023 guidance reaffirmed at $180–188M.","Board declared $0.057 per common share quarterly dividend ($0.23 annualized).","Amended credit facilities: ABL increased to $485M ($65M expansion option); floor plan facility to $70M ($20M option)."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-040622","json":"https://secwatch.observer/filing/0000950170-23-040622.json","markdown":"https://secwatch.observer/filing/0000950170-23-040622.md","text":"https://secwatch.observer/filing/0000950170-23-040622.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1759824/000095017023040622/0000950170-23-040622-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1759824/000095017023040622/altg-20230809.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T22:54:30.406266+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a667bc54891391106614e21c010ad0f3c8086f2c","claim":"ALTA EQUIPMENT GROUP INC. reported Three months ended June 30, 2023 results: revenue Total revenues of $468.4 million, net income Net income of $1.7 million available to common stockholders, EPS Basic and diluted net income per share of $0.05. Guidance reaffirmed.","evidence_excerpt":"Total revenues increased 15.2% year over year to $468.4 million • Construction and Material Handling revenues of $281.5 million and $169.1 million, respectively • Newly introduced reporting segment, Master Distribution, with revenues of $21.4 million • Product Support revenues increased 19.1% year over year with Parts Sales increasing to $71.3 million and Service Revenues increasing to $59.7 million • New and Used Equipment sales grew 17.2% to $254.6 million • Net income of $1.7 million available to common stockholders compared to $5.4 million in 2022 • Basic and diluted net income per share of $0.05 for 2023 compared to $0.17 in 2022 • Adjusted basic and diluted net income per share* of $0.19 for 2023 compared to $0.26 for 2022 • Adjusted EBITDA* grew 20.5% to $49.9 million, compared to $41.4 million in 2022 • Reaffirmed 2023 Adjusted EBITDA guidance of between $180 to $188 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1759824/000095017023040622/0000950170-23-040622-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Three months ended June 30, 2023"},{"label":"Revenue","value":"Total revenues of $468.4 million"},{"label":"Net income","value":"Net income of $1.7 million available to common stockholders"},{"label":"EPS","value":"Basic and diluted net income per share of $0.05"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}