US02128L1061 - Common Stock
ALTA EQUIPMENT GROUP INC
NYSE:ALTG (11/22/2024, 9:54:45 AM)
7.68
+0.17 (+2.26%)
Alta Equipment Group, Inc. engages in the operation of equipment dealership platforms. The company is headquartered in Livonia, Michigan and currently employs 3,000 full-time employees. The company went IPO on 2019-04-12. Through its branch network, the Company sells, rents, and provides parts and service support for several categories of specialized equipment, including lift trucks, heavy and compact earthmoving equipment, environmental processing equipment, and other material handling and construction equipment. The firm operates through three segments: Material Handling, Construction Equipment, and Master Distribution. The Material Handling segment is principally engaged in operations related to the sale, service, and rental of lift trucks and other material handling equipment. The Construction Equipment segment is principally engaged in operations related to the sale, service, and rental of construction equipment. The Master Distribution segment is principally engaged in large-scale equipment distribution rights with sub-dealers throughout North America related to environmental processing equipment.
ALTA EQUIPMENT GROUP INC
13211 Merriman Road
Livonia MICHIGAN 48150
P: 12484496700
CEO: Ryan Greenawalt
Employees: 3000
Website: https://www.altaequipment.com/
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Equipment distribution company Alta Equipment Group (NYSE:ALTG) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 3.7% year on year to $448.8 million. Its non-GAAP loss of $0.72 per share was also 700% below analysts’ consensus estimates.
Third Quarter Earnings Results...
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