earnings
confidence high
sentiment negative
materiality 0.70
Alta Equipment Q2 net loss $8.2M, adjusted EBITDA $48.6M; tightens FY guidance
ALTA EQUIPMENT GROUP INC.
2026-Q2 EPS reported
-$0.87
revenue$886,000,000
- Net loss available to common stockholders of $8.2M, or $(0.25) per share; adjusted pre-tax net loss per share $(0.04), improving $0.19 YoY.
- Total revenues $475.5M, down $5.7M YoY; gross profit up $1.9M to $124.2M.
- Adjusted EBITDA $48.6M, up $0.1M YoY; full-year 2026 guidance tightened to $167.5M-$177.5M.
- Interest expense down $2.8M YoY to $19.5M; rental fleet gross book value down $50.3M to $519.2M.
- David Turner elected to Board as Class II director effective August 3, 2026.