7/107 sources · 4 publishersUpdated Nov 10, 17:09 UTC
Alta Equipment reports lower Q3 revenue but higher adjusted EBITDA
Alta Equipment Group reported Q3 2026 revenue of $417.4M, while adjusted EBITDA increased 7.7% to $44.9M. The company reported a loss of $11.5M, or 37 cents per share, and said material-handling bookings rose 67% as some deliveries shifted into early 2027. Alta revised its full-year adjusted EBITDA guidance to $165M-$170M.
Why it matters
The quarter shows stronger profitability and cash generation despite weaker revenue, but the lower outlook and delayed equipment deliveries affect near-term revenue timing. Management expects improved demand, operating efficiency and earnings in 2027.
Key facts
- 1Q3 2026 revenue was $417.4M, below the $454.4M analyst estimate cited in the earnings snapshot. finance.yahoo.com
- 2Alta reported a Q3 loss of $11.5M, or 37 cents per share. finance.yahoo.com
- 3Adjusted EBITDA rose 7.7% to $44.9M in Q3 2026. investing.com
- 4Material-handling bookings increased 67% year over year in the quarter. tradingview.com
- 5The company outlined 2026 adjusted EBITDA guidance of $165M-$170M. seekingalpha.com
- 6Alta said material-handling deliveries are shifting into early 2027. seekingalpha.com
Open questions
- The cited revenue estimates differ across materials, at $454.4M and $458.24M, without a stated reason for the difference.
- One material reports full-year EBITDA guidance of $167.5M, while another gives a guidance range of $165M-$170M; the materials do not clarify whether these figures use the same guidance basis or timing.
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.