secwatch.observer — SEC 8-K summary
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Issuer:     ALTA EQUIPMENT GROUP INC. (ALTG)
CIK:        0001759824
Form:       8-K
Filed at:   2025-03-05T23:59:59+00:00
Accession:  0000950170-25-033604
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alta Equipment Q4 net loss $11.4M; full-year Adj. EBITDA down 12.1% to $168.3M
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- Q4 total revenues $498.1M (-4.5% YoY); net loss available to common $11.4M ($0.34/sh loss) vs $2.7M loss in Q4 2023.
- Full-year 2024 net loss available to common $65.1M ($1.96/sh) vs income $5.9M ($0.18/sh) in 2023.
- Q4 Adjusted EBITDA $40.7M (-18.1% YoY); full-year $168.3M (-12.1% YoY).
- 2025 guidance: Adjusted EBITDA between $175M and $190M.
- CEO cites elevated interest rates, election uncertainty, and oversupply pressuring construction equipment margins.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1759824/000095017025033604/0000950170-25-033604-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1759824/000095017025033604/altg-20250305.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-033604

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