Alta Equipment Group Inc. (ALTG) Tops Q2 EPS by 20c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Alta Equipment Group Inc. Reports Second Quarter 2022 Financial Results And Raises 2022 Guidance for Adjusted EBITDA
August 9, 2022 4:15 PM EDTSecond Quarter Financial Highlights: (comparisons are year over year)
Total revenues increased 38.9% year over year to $406.5 million Construction and Material Handling revenue of $271.0 million and $135.5 million, respectively Product Support revenue increased $23.5 million year over year to $110.0 million Record second quarter financial results primarily due to strong demand for equipment and product support growth Net income of $5.4 million available to common shareholders compared to a loss of $(15.8) million in 2021 Adjusted basic and diluted net income per share* of $0.21 compared to loss of $(0.06) in... More