Alta equipment group announces first quarter 2025 financial results, reaffirms organic guidance post-business divestiture, and introduces rebalancing in capital allocation strategy

First quarter financial highlights: total revenues decreased $18.6 million year over year to $423.0 million construction equipment and material handling revenues of $245.8 million and $157.9 million, respectively product support revenues increased modestly year over year to $138.1 million for the quarter service gross profit percentage increased 230 basis points year over year to 60.1% selling, general and administrative expenses reduced by $7.9 million year over year net loss available to common stockholders of $(21.7) million basic and diluted net loss per share of $(0.65) adjusted basic and diluted pre-tax net loss per share* of $(0.48) adjusted ebitda* of $33.6 million livonia, mich., may 07, 2025 (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, 2025.
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