secwatch.observer — SEC 8-K summary
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Issuer:     ALTA EQUIPMENT GROUP INC. (ALTG)
CIK:        0001759824
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0000950170-24-055697
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alta Equipment Q1 2024 revenue $441.6M (+5% YoY); net loss $(12.7)M; guidance adjusted
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- Net loss available to common stockholders $(12.7)M vs. profit $0.2M YoY; diluted EPS $(0.38).
- Adjusted EBITDA of $34.1M; adjusted EPS loss $(0.22).
- Full-year 2024 Adjusted EBITDA guidance narrowed to $207.5M–$212.5M (top end reduced).
- Construction segment revenue $255.6M; Material Handling $174.3M; product support up 6.5% YoY.
- Equipment sales growth offset by Ecoverse (-$14.4M) and Peaklogix (-$8.7M) declines.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1759824/000095017024055697/0000950170-24-055697-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1759824/000095017024055697/altg-20240508.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-055697

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