Business
Alta Equipment Group Announces First Quarter 2025 Financial Results, Reaffirms Organic Guidance post-Business Divestiture, and Introduces Rebalancing in Capital Allocation Strategy
First Quarter Financial Highlights: Total revenues decreased $18.6 million year over year to $423.0 millionConstruction Equipment and Material Handling revenues of $245.8 million and $157.9 million, respectivelyProduct support revenues increased modestly year over year to $138.1 million for the quarterService gross profit percentage increased 230 basis points year over year to 60.1%Selling, general and administrative expenses reduced by $7.9 million year over yearNet loss available to common sto
About this update from Alta Equipment Group Inc.
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