Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Industrial equipment solutions provider Alta Equipment Group Inc (ticker: ALTG) recently released its earnings guidance, projecting adjusted EBITDA for fiscal year 2026 to be in the range of $172.5 million to $187.5 million.

Industrial equipment solutions provider Alta Equipment Group Inc (ticker: ALTG) recently released its earnings guidance, projecting adjusted EBITDA for fiscal year 2026 to be in the range of $172.5 million to $187.5 million.

老虎证券老虎证券2026/02/26 22:09
Show original
This forecast highlights the company's confidence in its medium- to long-term profitability, representing a significant leap from its current financial performance. The projected range reflects management's optimistic assessment of the effectiveness of its business expansion strategies, including the continued growth of its equipment leasing business and the deep development of the second-hand equipment market. Through digital service upgrades and supply chain optimization, the company is striving to enhance asset turnover efficiency, injecting new momentum into profit growth. Notably, the adjusted EBITDA indicator excludes the impact of non-recurring items, providing a more accurate reflection of the company's core operational quality. If actual performance reaches the upper end of the guidance, it would represent a compound growth rate of over 40% compared to the 2023 financial report data, demonstrating its profitability resilience in a high interest rate environment.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!