Alta Equipment Group Inc. (ALTG) Misses Q4 EPS by 1c

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Go back to Alta Equipment Group Inc. (ALTG) Misses Q4 EPS by 1c

Alta Equipment Group Inc. Reports Record Fourth Quarter and Full Year 2021 Financial Results

March 31, 2022 4:05 PM EDT

Fourth Quarter 2021 Financial Highlights

Net revenues increased 27.1% year over year to $356.3 million Construction and Material Handling revenue of $217.5 million and $138.8 million, respectively Product Support gross profit increased $4.8 million year over year to $37.1 million Net loss of $(1.5) million available to common shareholders compared to loss of $(3.2) million in prior year Adjusted net income per share* basic and diluted $0.03 compared to a loss of $(0.03) in prior year Adjusted EBITDA* grew 53.3% to $37.7 million compared to $24.6 million in Q4 2020

2021 Full Year Financial... More