LIVONIA, Mich. (AP) — LIVONIA, Mich. (AP) — Alta Equipment Group Inc. (ALTG) on Thursday reported a loss of $41.6 million in its third quarter.
On a per-share basis, the Livonia, Michigan-based company said it had a loss of $1.31.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 27 cents per share.
The company posted revenue of $422.6 million in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $458.6 million.
Alta Equipment shares have decreased almost 10% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $5.89, a decrease of 22% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALTG at https://www.zacks.com/ap/ALTG
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
