ALTA EQUIPMENT GROUP INC. EARNINGS PRESS RELEASE Exhibit 99.1 Alta Equipment Group Announces Second Quarter 2024 Financial Results Second Quarter Financial Highlights: • Total revenues increased $19.7 million year over year to $488.1 million • Construction Equipment and Material Handling revenues of $294.9 million and $175.6 million, respectively • Product support revenues increased 10.1% year over year with Parts sales increasing to $78.0 million and Service revenues increasing to $66.2 million • New and u ...

Second Quarter Financial Highlights: Total revenues increased $19.7 million year over year to $488.1 millionConstruction Equipment and Material Handling revenues of $294.9 million and $175.6 million, respectivelyProduct support revenues increased 10.1% year over year with Parts sales increasing to $78.0 million and Service revenues increasing to $66.2 millionNew and used equipment sales decreased 1.2% year over year to $251.5 millionNet loss available to common stockholders of $(12.6) million Basic and dilu ...

LIVONIA, Mich., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or "the Company"), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that its Board of Directors approved the quarterly dividend on its common stock in the amount of $0.057 per share. The dividend payment date is August 30, 2024, to shareholders of record at the close of business on August 15, 2024. About Alta Equipment Grou ...

Core Viewpoint - Alta Equipment Group Inc. will report its financial results for the second quarter of 2024 on August 7, 2024, and will host a conference call to discuss these results [1][2]. Company Overview - Alta Equipment Group Inc. is a leading provider of premium material handling, construction, and environmental processing equipment, operating one of the largest integrated equipment dealership platforms in North America [3]. - The company has a branch network with over 85 locations across various states in the U.S. and Canadian provinces, offering a comprehensive range of specialized equipment and services [3]. Conference Call Details - The earnings call is scheduled for August 7, 2024, at 5:00 p.m. Eastern Time, with live call access and a webcast available for participants [2]. - An audio replay of the call will be archived until August 21, 2024 [2].

Investors in Alta Equipment Group Inc. (ALTG) need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 19, 2024 $7.50 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It co ...

LIVONIA, Mich., May 21, 2024 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE:ALTG) ("Alta" or the "Company"), announced today that it has priced $500 million in aggregate principal amount of its 9.000% senior secured second lien notes due 2029 (the "notes") at an issue price of 97.094% of face amount in a private offering (the "offering") that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The offering of the notes is expected to close on J ...

LIVONIA, Mich., May 21, 2024 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or the “Company”), announced today that it has priced $500 million in aggregate principal amount of its 9.000% senior secured second lien notes due 2029 (the “notes”) at an issue price of 97.094% of face amount in a private offering (the “offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The offering of the notes is expected to close on ...

LIVONIA, Mich., May 20, 2024 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE:ALTG) ("Alta" or the "Company"), today announced that it intends to offer, subject to market and other conditions, $500 million in aggregate principal amount of its senior secured second lien notes due 2029 in a private offering (the "offering") that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The notes will be guaranteed by all of the Company's domestic subsidi ...

LIVONIA, Mich., May 20, 2024 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or the “Company”), today announced that it intends to offer, subject to market and other conditions, $500 million in aggregate principal amount of its senior secured second lien notes due 2029 in a private offering (the “offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The notes will be guaranteed by all of the Company’s domestic subsid ...

Alta Equipment Group Inc. (NYSE:ALTG) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Jason Dammeyer - IR Ryan Greenawalt - Chairman and CEO Tony Colucci - CFO Conference Call Participants Matt Summerville - D.A. Davidson Kathryn Thompson - Thompson Research Group Alex Rygiel - B. Riley Ted Jackson - Northland Securities Steve Hansen - Raymond James Operator Good afternoon and thank you for attending the Alta Equipment Group First Quarter 2024 Earnings Conference Call. My name i ...