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ALTG-News
ALTG-Events
Company Adjusts 2026 Fiscal Year EBITDA Guidance to $167.5M - $177.5M
The company said, "The Company tightened its guidance range and now expects to report Adjusted EBITDA* between $167.5 million and $177.5 million for the 2026 fiscal year."
Alta Q2 Revenue at $475.5M, Below Consensus
Reports Q2 revenue $475.5M, consensus $488.7M. Ryan Greenawalt, Chief Executive Officer of Alta, said, "Our second quarter performance reflected the long-term value of Alta's equipment dealership model. Following an extended period of challenging markets across the construction and material handling industries, we see signs of market recovery emerging as bookings, equipment volumes, pricing and margin trends continue to improve. Combined with our operational initiatives, these trends helped us deliver similar Adjusted EBITDA compared to the prior year despite lower revenues and a smaller rental fleet. For the quarter, we delivered Adjusted EBITDA of $48.6 million, which reflects a significant improvement from the seasonally-impacted first quarter."
Company Updates 2026 Fiscal Year EBITDA Guidance to $167.5M - $182.5M
The company said, "The Company updates our guidance range and now expects to report Adjusted EBITDA between $167.5 million and $182.5 million for the 2026 fiscal year, primarily attributable to first quarter performance."
Alta Reports Q1 Revenue of $410.5M, Below Consensus
Reports Q1 revenue $410.5M, consensus $424.18M. Ryan Greenawalt, Chief Executive Officer of Alta, said "While our first quarter financial performance and the harsh winter weather conditions served as a reminder of the seasonality of our business, we observed increased momentum within the quarter. We are proud of the steps taken to continue to optimize our rental fleet and are encouraged by the current trends emerging across our major segments, particularly within our Material Handing business. To that end, first quarter bookings of lift trucks in our Material Handling segment were 12.7% above the first quarter of last year, with March 2026 representing the highest monthly booking level for Alta since June of 2023. This more normalized and increased level of bookings continued through April, and we are bullish that our Material Handling segment's equipment sales in 2026 will outperform 2025, as the segment's equipment sales continued to increase versus year end. The increase in bookings was broad based and evident across our diverse end markets and geographies."
Alta Reports Q4 Revenue of $509.1M, Beating Consensus
Reports Q4 revenue $509.1M, consensus $489.56M. Ryan Greenawalt, Chief Executive Officer of Alta, said "Our fourth quarter equipment sales performance was encouraging as demand for equipment significantly improved due to the tax benefits of the OBBBA, lower interest rates, project permitting "green-lights" and strengthening customer sentiment based on their project backlogs for 2026. The over $300 million of new and used equipment sales this quarter was the highest in the Company's history, surpassing our previous largest quarter of equipment sales in the fourth quarter of 2023. Given our business model, this quarter's record equipment sales will generate field population and future product support opportunities for years to come. The gain in equipment sales in the quarter was offset by typical seasonal pullbacks in our product support and rental businesses, which were exacerbated by an early winter in our northern regions. Importantly, after two tumultuous years marked by macroeconomic uncertainty, oversupply of equipment, and tariff-related cost pressures, the backdrop for 2026 presents a more constructive and increasingly opportunistic environment across our business segments."
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