Alta Equipment Group (ALTG) Tops Q3 EPS by 2c

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Alta Equipment Group Inc. Reports Third Quarter 2020 Financial Results

November 12, 2020 4:05 PM EST

Net revenues increased 47.3% to $220.6 million year over year Industrial and Construction revenue increased to $115.0 million and $105.6 million, respectively Gross profit increased 28.3% to $56.7 million compared to $44.2 million a year ago Net income of $0.3 million improved from a net loss of $(27.4) million last year Adjusted EBITDA* grew to $21.9 million compared to $21.7 million last year Completed two acquisitions in Midwest region, expanding product lines and manufacturing relationships

LIVONIA, Mich.--(BUSINESS WIRE)-- Alta Equipment Group Inc. (Alta or the company) (NYSE: ALTG), a leading provider of premium... More