secwatch.observer — SEC 8-K summary
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Issuer:     ALTA EQUIPMENT GROUP INC. (ALTG)
CIK:        0001759824
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0000950170-23-061142
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alta Equipment Q3 revenue up 15% to $466M; raises FY adjusted EBITDA guidance
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- Revenue $466.2M (+15.1% YoY); net income $6.7M vs $4.4M; adj. EPS $0.36 vs $0.21.
- Adjusted EBITDA $51.0M (+15.9%); FY 2023 guidance raised to $187M-$192M.
- Acquired Burris Equipment ($15.2M cash) and Ault Industries ($39.9M total) to expand Construction segment.
- Regular quarterly dividend of $0.057 per share paid on Aug 31, 2023.
- Expanded into western Pennsylvania as exclusive CASE Construction Equipment distributor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1759824/000095017023061142/0000950170-23-061142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1759824/000095017023061142/altg-20231108.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-061142

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