Astec Industries(US:ASTE)2025-11-05 13:30Financial Performance - Net sales for Q3 2025 were $350.1 million[8], a 20.1% increase compared to $291.4 million in Q3 2024[44] - Adjusted EBITDA for Q3 2025 was $27.1 million[8], a 55.7% increase compared to $17.4 million in Q3 2024[44] - Adjusted EBITDA margin increased by 170 basis points to 7.7% in Q3 2025[8] - Adjusted EPS for Q3 2025 was $0.47[8], compared to $0.36 in Q3 2024[44] - The company is raising its 2025 fiscal year adjusted EBITDA outlook to a range of $132 million to $142 million[12] Segment Performance - Infrastructure Solutions net sales increased by 17.1% to $193.3 million in Q3 2025[47] - Materials Solutions net sales increased by 24.1% to $156.9 million in Q3 2025[50] Backlog and Orders - The backlog level is $449.5 million[8] - Consolidated implied orders for Q3 2025 were $314 million[35], representing a 102% book-to-bill ratio[35] Liquidity and Capital Resources - Total available liquidity as of September 30, 2025, was $312.1 million, including $67.3 million in cash and cash equivalents and $244.8 million in available credit[53]