earnings
confidence high
sentiment negative
materiality 0.75
Alta Equipment Q1 net loss $20.3M; revenue down 3% YoY; lowers FY2026 EBITDA guidance
ALTA EQUIPMENT GROUP INC.
2026-Q1 EPS reported
-$0.62
revenue$410,500,000
- Total revenues $410.5M, down $12.5M YoY; organic decline 2.1%.
- Net loss available to common stockholders $(20.3)M, diluted EPS $(0.62); adjusted pre-tax EPS $(0.55).
- Adjusted EBITDA $28.1M, down $5.5M YoY; FY2026 guidance lowered to $167.5M-$182.5M.
- Material Handling segment bookings up 12.7% YoY; March 2026 highest monthly bookings since June 2023.
- Operating cash flow improved $38.3M to $20.8M; interest expense down $2.4M to $19.5M.