Earnings ·
Alta Equipment Group Inc. reported a net loss available to common stockholders of $8.2 million, or $0.25 per share…
ALTGAlta Equipment Group Inc.
Alta Equipment Group Inc. reported a net loss available to common stockholders of $8.2 million, or $0.25 per share, for the quarter ended June 30, 2026, compared to a $6.8 million loss in the prior year period. Total revenues decreased 1.2% year-over-year to $475.5 million, while Adjusted EBITDA remained stable at $48.6 million. The company tightened its full-year 2026 Adjusted EBITDA guidance to a range of $167.5 million to $177.5 million. Additionally, the Board elected David Turner as a Class II director effective August 3, 2026, filling a newly created position with a term expiring in 2028. Alta Equipment Group Inc. is a leading provider of premium material handling, construction and environmental processing equipment and related services.