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CFO, and Senior VP of Administration and Investor Relations [2] - A live webcast of the call will be available, and an archived version will be accessible for ninety days [2][3] Company Overview - Astec is a manufacturer specializing in equipment and aftermarket parts for asphalt road building,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 Insights - Latham Group, Inc. has appointed Jeffrey J. Jackson as an independent member of its Board of Directors and as a member of the Audit Committee, increasing the board size from eight to nine directors [1][2]. Group 1: Appointment Details - Jeffrey J. Jackson is currently the CEO of Cabinetworks Group, Inc., the largest privately-owned kitchen cabinet manufacturer in the U.S. [2] - Jackson has a notable background, having served as President and CEO of PGT Innovations, Inc., where he led the company to significant growth and national brand recognition in the fenestration industry [2][3]. - His previous executive roles include positions at The Hershey Company, Mrs. Smith's Bakeries, and The Coca-Cola Company, showcasing a diverse experience across various sectors [2]. Group 2: Board Commentary - James C. Cline, Chairman of the Latham Board, expressed enthusiasm about Jackson's appointment, highlighting his visionary leadership and extensive expertise in executive management and finance [3]. - Cline noted that Jackson's broad sector knowledge and industry relationships will provide valuable operational and strategic experience to support Latham's growth and competitive positioning [3]. Group 3: Company Overview - Latham Group, Inc. is the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand [4]. - The company operates with approximately 1,850 employees across 30 locations, indicating a robust operational platform [4].