Financial results: Alta Equipment Group; Custom Truck One Source; Finning International; Kubota Corp

Alta Equipment Group, Livonia, Mich., earned $466.2 million in total revenue during the 2023 third quarter, a 15.1 percent increase compared to $405.0 million the year before. Total revenue for the first nine months of 2023 was $1.4 billion, up 18.6 percent compared to $1.1 billion in the first nine months of 2023.

Custom Truck One Source, Kansas City, Mo., reported 2023 third quarter total revenue of $434.4 million, compared to $357.8 million during the 2022 third quarter. Total revenue for the first nine months of 2023 was $1.34 billion compared to $1.09 billion during the same time last year.

Finning International, Vancouver, British Columbia, Canada, reported 2023 third quarter net revenue of C$2.4 billion (US$1.7 billion), up 16 percent compared to C$2.1 billion (US$1.5 billion) the year before.

Kubota Corp., Osaka, Japan, earned ¥738.19 million (US$4.89 million) in revenue during the 2023 third quarter compared to ¥693.23 million (US$4.59 million) the year before. Revenue for the first nine months of the year was ¥2.26 billion (US$14.96 million) compared to ¥1.95 billion (US$12.91 million) in the first nine months of 2022.

Wacker Neuson Group, Munich, reported revenue of €648.0 million (US$691.69 million) during the 2023 third quarter, an increase of 14 percent compared to €568.5 million (US$606.84 million) during the 2022 third quarter. Revenue for the first nine months of 2023 was €2.01 billion (US$2.15 billion), up 22.7 percent compared to €1.64 billion (US$1.75 billion) for the first nine months of 2022.