Alta Equipment Group, Inc. ( (ALTG) ) has released its Q2 earnings. Here is a breakdown of the information Alta Equipment Group, Inc. presented to its investors.
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Alta Equipment Group Inc. is a prominent North American integrated equipment dealership, specializing in material handling, construction, and environmental processing equipment, offering sales, rentals, and services across a broad geographic footprint.
In its second quarter of 2025, Alta Equipment Group reported a slight year-over-year revenue decline to $481.2 million, despite a notable sequential increase. The company faced challenges in its Material Handling segment but saw growth in Construction Equipment revenues.
Key financial highlights include a $6.9 million decrease in total revenues year-over-year, although there was a sequential increase of $58.2 million. Construction Equipment and Master Distribution revenues rose by $10 million year-over-year, while Material Handling revenues fell by $14.9 million. The company also achieved a 5.6% increase in new and used equipment revenues and a reduction in selling, general, and administrative expenses by $12.2 million.
Despite a net loss of $6.8 million available to common stockholders, Alta Equipment Group improved its adjusted EBITDA by $14.9 million sequentially to $48.5 million. The company also repurchased over a million shares of its common stock as part of its capital allocation strategy.
Looking forward, Alta Equipment Group remains optimistic about its diverse business platform and expects to achieve an adjusted EBITDA between $171.5 million and $181.5 million for the full fiscal year 2025, reflecting confidence in its strategic initiatives and market opportunities.