Alta Equipment Group Inc. (ALTG) News
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Latest ALTG News From Around the Web
Below are the latest news stories about ALTA EQUIPMENT GROUP INC that investors may wish to consider to help them evaluate ALTG as an investment opportunity.
Alta Equipment Group Inc. (NYSE:ALTG) Q3 2023 Earnings Call TranscriptAlta Equipment Group Inc. (NYSE:ALTG) Q3 2023 Earnings Call Transcript November 11, 2023 Operator: Good afternoon and thank you for attending the Alta Equipment Group Third Quarter 2023 Earnings Conference Call. My name is Matt and I’ll be your moderator for today’s call. I will now turn the call over to Jason Dammeyer, Director, SEC […] |
Alta Equipment Group Announces Third Quarter 2023 Financial ResultsThird Quarter Financial Highlights: (comparisons are year over year) Total revenues increased 15.1% year over year to $466.2 millionConstruction and Material Handling revenues of $282.0 million and $168.6 million, respectivelyMaster Distribution with revenues of $18.1 millionProduct support revenues increased 12.1% year over year with Parts sales increasing to $69.5 million and Service revenues increasing to $60.6 millionNew and used equipment sales grew 20.7% to $253.6 millionNet income availab |
Alta Equipment Group Announces Common Stock DividendLIVONIA, Mich., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or "the Company"), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that its Board of Directors approved the quarterly dividend on its common stock in the amount of $0.057 per share. The dividend payment date is November 30, 2023, to shareholders of record at the close of business on November 15, 2023. About Alt |
Alta Equipment Group Acquires Ault Industries Expanding Construction Equipment Segment to CanadaExpands product portfolio with new OEMs, including an exclusive distributorship with McCloskeyDiversifies end markets with entrance into Ontario and Quebec’s aggregate and mining industriesAult generated approximately $50.3 million in revenue, $4.5 million in net income, and $7.5 million in adjusted EBITDA for the trailing twelve months through June 30, 2023 and is expected to be immediately accretive to the Company’s free cash flow conversion, profitability, and earnings per share ratios LIVONI |
Alta Equipment Group Announces Date of Third Quarter 2023 Financial Results Release, Conference Call and WebcastLIVONIA, Mich., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or the “Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that it will report its financial results for the third quarter ended September 30, 2023, after the U.S. markets close on Wednesday, November 8, 2023. In conjunction with this announcement, Alta management will host a conference call and webcast |
Should You Be Concerned About Alta Equipment Group Inc.'s (NYSE:ALTG) ROE?One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will... |
Alta Equipment Group Announces Preferred Stock DividendLIVONIA, Mich., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that its Board of Directors approved the quarterly dividend on its Series A Cumulative Perpetual Preferred Stock in the amount of $625 per preferred share. This will equate to a dividend of $0.625 for each of the outstanding Depositary Shares re |
Alta Equipment Group to Acquire Burris Equipment Adding to Its Construction Business SegmentExpands product portfolio and presence in the Illinois market. Burris’s $40.6 million in revenue, $1.9 million in net income, $4.6 million in EBITDA on a trailing twelve-month basis is expected to be immediately accretive to the Company’s leverage, profitability, and earnings per share ratios. LIVONIA, Mich., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”) today announced that it has entered into a definitive agreement to acquire Burris Equipme |
With 53% institutional ownership, Alta Equipment Group Inc. (NYSE:ALTG) is a favorite amongst the big gunsKey Insights Given the large stake in the stock by institutions, Alta Equipment Group's stock price might be vulnerable... |
We Ran A Stock Scan For Earnings Growth And Alta Equipment Group (NYSE:ALTG) Passed With EaseIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story... |