LIVONIA, Mich. (AP) — LIVONIA, Mich. (AP) — Alta Equipment Group Inc. (ALTG) on Wednesday reported second-quarter earnings of $2.4 million.
On a per-share basis, the Livonia, Michigan-based company said it had profit of 5 cents. Earnings, adjusted for amortization costs and non-recurring costs, were 19 cents per share.
The company posted revenue of $468.4 million in the period.
Alta Equipment shares have increased 23% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $16.20, a rise of 43% in the last 12 months.
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