secwatch.observer — SEC 8-K summary
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Issuer:     ALTA EQUIPMENT GROUP INC. (ALTG)
CIK:        0001759824
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001193125-26-211977
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alta Equipment Q1 net loss $20.3M; revenue down 3% YoY; lowers FY2026 EBITDA guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1759824/000119312526211977/0001193125-26-211977-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1759824/000119312526211977/altg-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-211977

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