Alta Equipment Group Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 49.6 million compared to USD 43.6 million a year ago. Revenue was USD 468.4 million compared to USD 406.5 million a year ago. Net income was USD 2.4 million compared to USD 6.1 million a year ago. Basic earnings per share from continuing operations was USD 0.05 compared to USD 0.17 a year ago. Diluted earnings per share from continuing operations was USD 0.05 compared to USD 0.17 a year ago.
For the six months, sales was USD 93.1 million compared to USD 81.3 million a year ago. Revenue was USD 889.1 million compared to USD 738.2 million a year ago. Net income was USD 3.4 million compared to USD 4.9 million a year ago. Basic earnings per share from continuing operations was USD 0.06 compared to USD 0.11 a year ago. Diluted earnings per share from continuing operations was USD 0.06 compared to USD 0.11 a year ago.