Alta Equipment Group (ALTG) Posts Q2 Net Loss of $15.7M
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Alta Equipment Group Inc. Reports Second Quarter 2021 Financial Results
August 12, 2021 4:05 PM EDTSecond Quarter Financial Highlights:
Net revenues increased 52.4% year over year to $292.7 million Construction and Material Handling revenue of $181.1 million and $111.6 million, respectively Product Support gross profit increased $13.4 million year over year to $39.5 million Net loss of ($15.7) million available to common shareholders compared to ($4.1) million prior year Adjusted EBITDA* grew 40.7% to $28.0 million compared to $19.9 million in Q2 2020LIVONIA, Mich.--(BUSINESS WIRE)-- Alta Equipment Group Inc. (Alta or the company) (NYSE: ALTG), a leading provider of premium material handling and... More
