Alta equipment group announces first quarter 2024 financial results

First quarter financial highlights: total revenues increased $20.9 million year over year to $441.6 million construction and material handling revenues of $255.6 million and $174.3 million, respectively product support revenues increased 6.5% year over year with parts sales increasing to $72.9 million and service revenues increasing to $64.0 million new and used equipment sales grew 4.1% year over year to $228.6 million net loss available to common stockholders of $(12.7) million basic and diluted net loss per share of $(0.38) adjusted basic and diluted net loss per share* of $(0.22) adjusted ebitda* of $34.1 million livonia, mich., may 08, 2024 (globe newswire) -- alta equipment group inc. (nyse: altg) (“alta”, "we", "our" or the “company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced financial results for the first quarter ended march 31, 2024.
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