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Alta Equipment Group Inc   (ALTG)
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Again Positive Income at the Alta Equipment Group Inc all along the third quarter of 2022

ALTG recorded third quarter of 2022 operating income of $13.7 millions

Published 2022-11-13T02:32:21+00:00
Goran Soko / CSIMarket.com Contributer

interview_By_Keith_Allison_[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_CommonsFor the third quarter of 2022 ALTG income turned positive of $0.14 per share compare to $-0.02 a year before and profits fell by -17.65 % from $0.17 per share from the preceding quarter.

Revenues jumped by 37.288 % to $405.00 millions from $295.00 millions in the same quarter a year before and sequentially Revenue decreased by -0.369 % from $406.50 millions.




Net income of $5.100 millions in the third quarter of 2022 increased by 2450 % from balanced books attained in the corresponding quarter a year ago. Alta Equipment Group Inc also emphasized it's improving profit margins, where net margin rose to 1.26% in third quarter of 2022, and operating margin edged up to 3.38%.
Operating earnings, on the other hand, improved just 128.33% to $13.7 millions.

Alta Equipment Group Inc is expected to report next financial earnings on March 30, 2023.


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Other ALTG's Earnings Reports

Alta Equipment Group Inc reported first quarter 2022 earnings

Alta Equipment Group Inc reported first quarter 2022 earnings

Alta Equipment Group Inc reported third quarter 2021 earnings

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