ALTG News and Press, Alta Equipment Group Inc. Class A From 03/24/21

Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or the “Company”), announced today that it has priced $315 million in aggregate principal amount of its 5.625% senior secured second lien notes due 2026 (the "notes") in a private offering (the "offering") that i...

Alta Equipment (ALTG) intends to offer $300M in principal amount of its senior secured second lien notes due 2026 in a private offering.Along with the offer closing, subsidiaries expect to refinance the company's senior credit obligations by entering into a $350M amended and restated credit a...

Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or the “Company”), today announced that it intends to offer, subject to market and other conditions, $300 million in aggregate principal amount of its senior secured second lien notes due 2026 in a private offeri...

Top Industrial Stocks To Watch Right Now Industrial stocks are a cornerstone of the economy. These stocks are normally closely intertwined with the economy. So much in fact, that their business volume often falls sharply during recessions as seen last year. As you know, the coronavi...

Gainers: SuperCom (SPCB) +46%. Euroseas (ESEA) +22%. India Globalization Capital (IGC) +14%. Flux Power (FLUX) +11%. Alta Equipment (ALTG) +11%.Losers: Raven Industries (RAVN) -9%. SGOCO Group (SGOC) -8%. Manitex International (MNTX) -8%. Construction Partners (ROAD) -8%. BIO-k...

The following slide deck was published by Alta Equipment Group Inc. in conjunction with their 2020 Q4 earnings call. For further details see: Alta Equipment Group Inc. 2020 Q4 - Results - Earnings Call Presentation

Alta Equipment Group Inc. (ALTG) Q4 2020 Earnings Conference Call March 18, 2021 17:00 ET Company Participants Sinem McDonald - Director of External Reporting Ryan Greenawalt - Chairman & Chief Executive Officer Tony Colucci - Chief Financial Officer Conference Call Participants Alex Rygi...

Alta Equipment (ALTG): Q4 Net loss of $3.2M.Revenue of $280.4M (+65.5% Y/Y) beats by $50.73M.Construction and Material Handling revenue of $151.5 million and $128.9 million, respectively.Gross profit increased 54.1% year over year to $64.4 million.Adjusted EBITDA grew 27.5% to $24.6 million c...

Fourth Quarter 2020 Financial Highlights Net revenues increased 65.5% year over year to $280.4 million Construction and Material Handling revenue of $151.5 million and $128.9 million, respectively Gross profit increased 54.1% year over year to $64.4 million ...

Alta Equipment has the potential to improve its profitability in the future, as the revenue contribution from high-margin parts sales and service sales increases over time. M&A is another key growth driver for Alta Equipment, with the company having done seven acquisitions in 2020...