Colin Wilson
elected Colin Wilson to join the Board of the Company, effective immediately, filling a vacancy.
Highest-materiality recent filing
Alta Equipment Q2 net loss $8.2M, adjusted EBITDA $48.6M; tightens FY guidance
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.
Alta Equipment Q1 net loss $20.3M; revenue down 3% YoY; lowers FY2026 EBITDA guidance
Total revenues $410.5M, down $12.5M YoY; organic decline 2.1%.
Alta Equipment Q4 revenue $509.1M (+2.2%), net loss $12.5M; guides 2026 EBITDA $172.5-$187.5M
Q4 revenue $509.1M (+2.2% YoY); net loss available to common $12.5M vs $11.4M
Alta Equipment Q3 net loss $42.3M; revenue down 5.8% to $422.6M; guides FY Adj EBITDA $168-172M
Net loss available to common stockholders $(42.3)M, diluted EPS $(1.31); adjusted pre-tax loss per share $(0.35).
Total revenue $481.2M, down $6.9M YoY but up 13.8% sequentially; equipment sales +5.6% YoY.
Alta Q1 net loss $21.7M; divests Chicago aerial fleet; suspends dividend, boosts buyback to $30M
Total revenue $423.0M (-4.2% YoY); net loss available to common $21.7M ($0.65 diluted loss per share).
Alta Equipment Q4 net loss $11.4M; full-year Adj. EBITDA down 12.1% to $168.3M
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.
Alta Equipment Q3 net loss $28.4M; revenue $448.8M; FY24 EBITDA guidance $170-175M
Total revenues of $448.8M, down $17.4M YoY; net loss available to common stockholders of $28.4M ($0.86 loss per share).
Alta Equipment Q2 net loss $12.6M; revenue up 4.2% to $488.1M; lowers 2024 EBITDA guidance
Net loss available to common stockholders of $12.6M, or $0.38 per diluted share; adjusted EPS of $0.01.
Alta Equipment issues $500M 9% second-lien notes due 2029; redeems $315M 5.625% notes
Issued $500M aggregate principal of 9.000% Senior Secured Second Lien Notes due 2029; sold at 2.906% discount, netting ~$485.5M.
Offering $500M aggregate principal of 9.000% Senior Secured Second Lien Notes due 2029 at 97.094% of face.
Alta Equipment Q1 2024 revenue $441.6M (+5% YoY); net loss $(12.7)M; guidance adjusted
Net loss available to common stockholders $(12.7)M vs. profit $0.2M YoY; diluted EPS $(0.38).
Total revenues increased 21.7% YoY to $521.5M in Q4; full-year revenues rose 19.4% to $1.88B.
Alta Equipment Q3 revenue up 15% to $466M; raises FY adjusted EBITDA guidance
Revenue $466.2M (+15.1% YoY); net income $6.7M vs $4.4M; adj. EPS $0.36 vs $0.21.
Alta Equipment acquires Ault Industries for $36M, enters Canadian market
Total purchase price $36.0M: $23.2M cash, $2.2M seller note, $10.6M in ALTG common stock (819,398 shares at $13, vesting over 5 years).
Alta Equipment to acquire Burris Equipment for $14M; Burris TTM revenue $40.6M, EBITDA $4.6M
Purchase price $14M cash at close, subject to working capital adjustments; expected close Q4 2023.
Alta Q2 revenue up 15% to $468M; net income down 69% to $1.7M; reaffirms FY EBITDA guidance
Total revenues $468.4M (+15.2% YoY); Construction $281.5M, Material Handling $169.1M, Master Distribution $21.4M.
Preliminary Q2 2023 revenue $462-472M; TTM revenue $1,716-1,726M.
elected Colin Wilson to join the Board of the Company, effective immediately, filling a vacancy.
On April 8, 2024, Zachary Savas informed the Board of his resignation, effective immediately, and wished the Company well in the future.
increased the size of the Board from five to six directors and subsequently appointed Sidhartha Nair to join the Board of the Company, effective immediately
Alta Equipment Group Inc. (the “Company”) today announced that its Board of Directors (the “Board”) appointed Jeffrey (Jeff) Hoover as Chief Legal Officer and General Counsel of the Company, effective January 18, 2024.
Alta Equipment Group Inc. (the “Company”) today announced that its Board of Directors (the “Board”) appointed Craig Brubaker, effective April 12, 2022, as Chief Operating Officer of the Company.
Max materiality 0.80 · Median 0.35 · Most common event dividend