About Us

Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

A Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Social Media

Bluesky • Facebook • Instagram • LinkedIn • YouTube

Meet the Laser Focus World Team

Editorial

Sales

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology
My Watchlist
Indicators
Industrial Laser Index
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

5 Insightful Analyst Questions From Alta’s Q2 Earnings Call

By: StockStory

ALTG Cover Image

Alta Equipment Group’s second quarter performance was well received by the market, with management crediting operational discipline and segment diversification as primary drivers. CEO Ryan Greenawalt highlighted strong demand for earthmoving equipment in infrastructure projects and robust sales in Midwest and Canadian markets, offsetting temporary softness in select private construction and Material Handling. The company’s decision to rightsize its rental fleet and divest certain assets in the Chicago area impacted rental revenue, but was seen as a move to enhance long-term returns. Greenawalt emphasized that, despite mixed end-market signals, “the resiliency of our business model and the diversity of our end markets continue to provide stability through down cycles and a distinct competitive advantage in the market.”

Is now the time to buy ALTG? Find out in our full research report (it’s free).

Alta (ALTG) Q2 CY2025 Highlights:

  • Revenue: $481.2 million vs analyst estimates of $478.3 million (1.4% year-on-year decline, 0.6% beat)
  • Adjusted EPS: -$0.07 vs analyst estimates of -$0.21 (64.5% beat)
  • Adjusted EBITDA: $48.5 million vs analyst estimates of $46.5 million (10.1% margin, 4.3% beat)
  • EBITDA guidance for the full year is $176.5 million at the midpoint, above analyst estimates of $175.1 million
  • Operating Margin: 2.6%, in line with the same quarter last year
  • Market Capitalization: $271.1 million

While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention.

Our Top 5 Analyst Questions From Alta’s Q2 Earnings Call

  • Steven Ramsey (Thompson Research Group) asked about the timing and segment impact of potential demand from new tax legislation. CFO Anthony Colucci said effects would likely be concentrated in the fourth quarter, mainly benefiting Construction but also potentially Material Handling.
  • Steven Ramsey (Thompson Research Group) inquired about signs of changing customer sentiment in Material Handling after strong July bookings. CEO Ryan Greenawalt explained that bookings are volatile but remain driven by fleet replenishments rather than broad-based optimism.
  • Steven Ramsey (Thompson Research Group) questioned the sustainability of SG&A reductions. Colucci explained that fixed cost levels have likely reached a bottom, with further reductions unlikely, but variable expenses could rise with increased equipment sales.
  • Steven Ramsey (Thompson Research Group) asked if contractors would purchase equipment for tax reasons alone or require backlog confidence. Colucci responded that customer confidence in backlog is the primary driver, with tax benefits acting as an additional incentive.
  • Liam Dalton Burke (B. Riley Securities) asked about M&A prospects given market conditions. Greenawalt indicated opportunities are driven more by succession issues than the broader economic cycle, with strong interest in generational asset transitions.

Catalysts in Upcoming Quarters

In the coming quarters, our team will focus on (1) the pace of equipment sales linked to infrastructure and mining projects, (2) stabilization or improvement in margins following ongoing efficiency initiatives, and (3) the effectiveness of tariff mitigation efforts in the Master Distribution segment. Additional attention will be paid to booking trends in Material Handling and any demand uplift resulting from fiscal policy incentives near year-end.

Alta currently trades at $8.46, up from $7.14 just before the earnings. Is the company at an inflection point that warrants a buy or sell? Find out in our full research report (it’s free).

High-Quality Stocks for All Market Conditions

Trump’s April 2025 tariff bombshell triggered a massive market selloff, but stocks have since staged an impressive recovery, leaving those who panic sold on the sidelines.

Take advantage of the rebound by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025).

Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today.

StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.

More News

View More
Datavault AI: The New AI Contender Backed by Big Funding
Via MarketBeat
Topics Artificial Intelligence
Tickers DVLT IBM SCLX
CoreWeave: Why the New King of AI Infrastructure Has Room to Run
Via MarketBeat
Topics Artificial Intelligence
Tickers CORZ CRWV META NVDA
Top 3 Dividend Achievers for October: High Yields, Growth Ahead
Via MarketBeat
Topics Artificial Intelligence World Trade
Tickers FDX PFE UPS VZ
Etsy Partners With OpenAI—What It Means for Investors Now
Via MarketBeat
Topics Artificial Intelligence
Tickers ETSY
3 Solid Consumer Brands Offering Stability in Volatile Markets
Via MarketBeat
Topics Economy
Tickers AOUT JAKK KO PG SN
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.