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Stock impact report

Astec Reports Third Quarter 2024 Results [Yahoo! Finance]

Astec Industries, Inc. (ASTE) 
Last astec industries, inc. earnings: 3/3 07:57 pm Check Earnings Report
US:NASDAQ Investor Relations: astecindustries.com/investor-relations.html
Company Research Source: Yahoo! Finance
Net loss of $6.2 million , which included an $8.4 million charge related to the settlement of a legacy litigation matter: Adjusted net income of $7.0 million EBITDA of $0.6 million declined $1.2 million ; Adjusted EBITDA was $17.4 million , an increase of $7.4 million Diluted EPS of compared to ; Adjusted EPS of compared to Operating cash flow of $22.5 million ; Free cash flow of $19.9 million CHATTANOOGA, Tenn., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) announced today its financial results for the third quarter ended September 30, 2024. "In the third quarter, we had mixed results. In Infrastructure Solutions, both sales and margins were up for the quarter, while in Materials Solutions, we continued to face difficult market conditions. We made nice progress improving our cash flow in the third quarter, which continues to be a key focal point. We were also able to settle one of our previously disclosed, long-standing, legacy litigation matters Show less Read more
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