Alta equipment group announces second quarter 2024 financial results

Second quarter financial highlights: total revenues increased $19.7 million year over year to $488.1 million construction equipment and material handling revenues of $294.9 million and $175.6 million, respectively product support revenues increased 10.1% year over year with parts sales increasing to $78.0 million and service revenues increasing to $66.2 million new and used equipment sales decreased 1.2% year over year to $251.5 million net loss available to common stockholders of $(12.6) million basic and diluted net loss per share of $(0.38) adjusted basic and diluted net income per share* of $0.01 adjusted ebitda* of $50.3 million livonia, mich., aug. 07, 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 second quarter ended june 30, 2024.
ALTG Ratings Summary
ALTG Quant Ranking