CHATTANOOGA, Tenn., Nov. 11, 2025 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announced today it will participate in the Stephens Investment Conference (NASH2025) on Tuesday, November 18, 2025, in Nashville, Tennessee. Jaco van der Merwe, President and Chief Executive Officer, Brian Harris, Chief Financial Officer, and Stephen C. Anderson, Senior Vice President of Administration and Investor Relations, will participate in 1x1 meetings. About ASTECAstec, (www.astecindustries.com), is a manufactu ...

CHATTANOOGA, Tenn., Nov. 06, 2025 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announced today it will participate in the Baird 2025 Global Industrial Conference on Thursday, November 13, 2025, in Chicago, Illinois. Jaco van der Merwe, President and Chief Executive Officer, Brian Harris, Chief Financial Officer, and Stephen C. Anderson, Senior Vice President of Administration and Investor Relations, will participate in 1x1 meetings. About ASTEC Astec, (www.astecindustries.com), is a manufacturer ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-11595 Astec Industries, Inc. (Exact name of registrant as specified in its charter) Tennessee 62-0873631 (State ...

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Financial Data and Key Metrics Changes - Adjusted EBITDA for Q3 2025 was $27.1 million, an increase of $9.7 million or 55.7% from Q3 2024 [4] - Adjusted EBITDA margins increased to 7.7%, a gain of 170 basis points [4] - Adjusted earnings per share reached $0.47, reflecting a year-over-year increase of 30.6% [4][16] - Net sales increased by 20.1% in Q3 2025, driven by strong demand for asphalt and concrete plants and the inclusion of PeraSource [15][16] Business Line Data and Key Metrics Changes - Infrastructure solutions segment saw a 17.1% increase in net sales compared to Q3 2024, with strong demand for asphalt and concrete plants [16][17] - Material solutions segment, now including PeraSource, reported a net sales increase of $30.5 million or 24.1% [17] - Part sales for the infrastructure solutions segment increased by 14.8% quarter-over-quarter [5] Market Data and Key Metrics Changes - Backlog at quarter end was $449.5 million, a sequential increase of $68.7 million, with $64.1 million attributed to PeraSource [5] - Approximately $230 billion, or 66%, of Infrastructure Investment and Jobs Act funds have been committed as of August 30, 2025 [9] - Federal transportation leaders remain optimistic about passing a new transportation bill next year, which is promising for the company [10] Company Strategy and Development Direction - The company is focused on inorganic growth, as demonstrated by the acquisition of PeraSource [8] - Ongoing infrastructure upgrades are expected to fuel stable, long-term demand for capital equipment, aftermarket parts, and digital solutions [10][22] - The company is actively managing tariff impacts through procurement strategies and pricing measures [11] Management's Comments on Operating Environment and Future Outlook - Management raised the lower end of full-year guidance from $123 million to $132 million, maintaining the upper range at $142 million [7] - Improved customer sentiment is noted due to recent interest rate movements [6] - The company anticipates growing demand for material solutions products in upcoming quarters [14] Other Important Information - The company maintains a strong balance sheet with $67.3 million in cash and cash equivalents and $244.8 million in available credit, totaling $312.1 million in liquidity [18] - Adjusted ROIC for the quarter was reported at 12.3% [6] Q&A Session Summary Question: What led to the raising of the lower end of guidance? - Management noted that gaps in capacity to fill were filled nicely, allowing for confidence in Q4 sales [23] Question: Was there a change in order rates compared to previous years? - Management observed a different booking process from customers, with a reduction in uncertainty around tariffs contributing to decision-making [24] Question: Were PeraSource margins accretive in Q3? - Management confirmed that PeraSource margins were accretive and expressed optimism about future synergy realization [25][26] Question: What is the current percentage of parts revenue per segment? - The parts sales mix increased by 670 basis points, with overall company parts revenue now around 32% [28] Question: How is the company managing tariff uncertainties? - Management stated that proactive pricing and alternative sourcing strategies have positioned the company well to mitigate tariff impacts [29] Question: Can you provide insights on parts growth within the infrastructure segment? - Management highlighted that efforts to drive parts business have started to pay off, contributing significantly to growth [30] Question: What is the status of dealer inventory for the material solutions segment? - Management indicated that dealer inventory levels are healthy, with some dealer stocking observed [32] Question: How are fill rates for PeraSource expected to improve? - Management expects PeraSource fill rates to improve significantly within the next 12 months, aligning closer to core Astec levels [35] Question: Have there been any orders related to rare earth mining? - Management confirmed receiving orders related to rare earth mining, indicating real demand and ongoing investments [37]

Third Quarter 2025 Earnings November 5, 2025 B U I L T T O C O N N E C T Safe Harbor Certain statements contained in this presentation contain forward-looking statements within the meaning of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Such statements relate to, among other things, income, earnings, cash flows, changes in operations, operating improvements, businesses in which we operate , anticipated bene ...

NEWS RELEASE ASTEC REPORTS THIRD QUARTER 2025 RESULTS Third Quarter 2025 Overview (all comparisons are made to the corresponding prior year third quarter unless otherwise specified): • Net sales of $350.1 million CHATTANOOGA, Tenn. (November 5, 2025) – Astec Industries, Inc. (Nasdaq: ASTE) announced today its financial results for the third quarter ended September 30, 2025. "We were pleased to post another strong quarter evidencing our focus on delivering consistent profitability and growth," said Jaco van ...

Third Quarter 2025 Overview (all comparisons are made to the corresponding prior year third quarter unless otherwise specified): Net sales of $350.1 millionNet loss of $4.2 million; Adjusted net income of $10.8 millionEBITDA of $13.8 million; Adjusted EBITDA of $27.1 millionDiluted EPS of $(0.18); Adjusted EPS of $0.47 CHATTANOOGA, Tenn., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) announced today its financial results for the third quarter ended September 30, 2025. "We were plea ...

Core Points - Astec Industries, Inc. will hold a conference call to discuss its third quarter 2025 financial results on November 5, 2025 [1] - The call will be hosted by key executives including the President and CEO, CFO, and Senior VP of Administration and Investor Relations [2] - A live webcast of the call will be available, and an archived version will be accessible for ninety days [2][3] Company Overview - Astec is a manufacturer specializing in equipment and aftermarket parts for asphalt road building, aggregate processing, concrete production, and related markets [4] - The company's operations are divided into two main segments: Infrastructure Solutions and Materials Solutions [4] - Infrastructure Solutions includes road building, asphalt and concrete plants, and thermal and storage solutions, while Materials Solutions covers aggregate processing, civil construction, energy, mining, hydro-electric, recycling, and bulk material handling [4]

Core Points - Astec Industries, Inc. will hold a conference call to discuss its third quarter 2025 financial results on November 5, 2025 [1] - The call will be hosted by key executives including the President and CEO, CFO, and Senior VP of Administration and Investor Relations [2] - A live webcast of the call will be available, and an archived version will be accessible for ninety days [2][3] Company Overview - Astec is a manufacturer specializing in equipment and aftermarket parts for asphalt road building, aggregate processing, concrete production, and related markets [4] - The company's operations are divided into two main segments: Infrastructure Solutions and Materials Solutions [4] - Infrastructure Solutions includes road building, asphalt and concrete plants, and thermal and storage solutions, while Materials Solutions covers aggregate processing, civil construction, energy, mining, hydro-electric, recycling, and bulk material handling [4]