---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-065693"
form_type: "8-K"
ticker: "ALTG"
cik: "0001759824"
company_name: "ALTA EQUIPMENT GROUP INC."
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T08:37:39.355727+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Alta Q1 net loss $21.7M; divests Chicago aerial fleet; suspends dividend, boosts buyback to $30M

## Summary
- Total revenue $423.0M (-4.2% YoY); net loss available to common $21.7M ($0.65 diluted loss per share).
- Adjusted EBITDA $33.6M vs $34.1M YoY; organic FY2025 Adj. EBITDA guidance reaffirmed at $171.5M-$186.5M.
- Divested Chicago aerial rental fleet for $18M cash (implied EV ~$20M; annual Adj. EBITDA ~$4M); proceeds to reduce debt.
- Board increased share repurchase authorization from $20M to $30M; allocated $10M to a Rule 10b5-1 plan.
- Quarterly common dividend suspended indefinitely after May 30, 2025 payment; preferred dividend unchanged.

## SEC filing metadata
- accession: 0000950170-25-065693
- form_type: 8-K
- ticker: ALTG
- cik: 0001759824
- company_name: ALTA EQUIPMENT GROUP INC.
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759824/000095017025065693/0000950170-25-065693-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759824/000095017025065693/altg-20250507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-065693
- JSON: https://secwatch.observer/filing/0000950170-25-065693.json
- Plain text: https://secwatch.observer/filing/0000950170-25-065693.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.