Welcome to our dedicated page for Astec Inds news (Ticker: ASTE), a resource for investors and traders seeking the latest updates and insights on Astec Inds stock.
Astec Industries, Inc. manufactures specialized equipment and aftermarket parts for asphalt road building, aggregate processing, concrete production and related industrial markets. News about ASTE commonly covers quarterly and annual results, order backlog, cash flow, adjusted EBITDA guidance, dividend declarations and market demand tied to infrastructure, aggregates, concrete and materials processing.
The company's updates also discuss its two manufacturing segments: Infrastructure Solutions, including road building, asphalt and concrete plants, thermal and storage solutions; and Materials Solutions, including aggregate processing, recycling, energy, mining, hydro-electric and bulk material handling applications. Other recurring items include controls and automation products, telematic platforms, aftermarket opportunities, capital allocation, operational initiatives and leadership changes within segment management.
Astec (Nasdaq: ASTE) reported second quarter 2026 net sales of $408.1 million, up 23.6% year over year, with backlog rising 57.9% to $601.1 million. GAAP net income was $10.5 million and adjusted net income was $21.8 million. GAAP diluted EPS was $0.45, while adjusted EPS reached $0.94. EBITDA was $35.6 million and adjusted EBITDA was $42.6 million.
Infrastructure Solutions net sales increased 11.6% to $228.3 million, and Materials Solutions net sales grew 43.0% to $179.8 million. Year-to-date operating cash flow was $52.8 million and free cash flow $37.3 million, with total liquidity of $265.8 million. Astec revised its full-year 2026 adjusted EBITDA outlook to $160–$175 million from $170–$190 million, citing macro-driven timing impacts on asphalt plant shipments.
Astec (Nasdaq: ASTE) announced that its board of directors appointed William (“Bill”) E. Waltz as a new independent director, effective October 29, 2026. His election expands the Board to 10 members, nine independent. Waltz will also join the Board’s Compensation Committee.
Astec (NASDAQ: ASTE) reported that its Board of Directors has declared a quarterly cash dividend of $0.13 per share. The dividend is scheduled to be paid on or about August 28, 2026, to shareholders of record as of the close of business on August 10, 2026.
Astec Industries (NASDAQ: ASTE) will release its second quarter 2026 financial results on Wednesday, August 5, 2026, at approximately 7:00 a.m. Eastern Time. A live conference call to review the results will follow at 8:30 a.m. Eastern Time, hosted by senior management.
Investors can join by U.S. dial-in numbers using meeting ID 875163491, via international dial-ins, or through a live webcast with a twelve‑month replay. A transcript will be posted in the Investor Relations section of the company’s website within five business days.
Astec (NASDAQ:ASTE) announced that CEO Jaco van der Merwe, Senior Vice President of Investor Relations Stephen Anderson, and Vice President – Finance Heinrich Jonker will hold one-on-one investor meetings at the Wells Fargo Industrials and Materials Conference on June 9, 2026.
Astec Industries (NASDAQ:ASTE) announced that CEO Jaco van der Merwe, CFO Brian Harris and Senior Vice President of Investor Relations Steve Anderson will participate in one-on-one investor meetings at the KeyBanc Capital Markets Industrials and Basic Materials Conference on May 27, 2026.
Astec (Nasdaq: ASTE) reported 1Q 2026 results for the period ended March 31, 2026: net sales $396.3M (+20.3%), GAAP net income $1.3M, adjusted net income $12.5M, EBITDA $23.6M, adjusted EBITDA $30.3M, diluted EPS $0.06, adjusted EPS $0.54, operating cash flow $40.7M, free cash flow $32.6M, and backlog $549.2M (+36.4%).
The company maintained full-year adjusted EBITDA guidance of $170M–$190M and reported leverage of 2.3x.
Astec Industries (NASDAQ: ASTE) will host a virtual Investor Day on Wednesday, May 13, 2026 at 8:00 AM ET, with a live webcast and subsequent replay available.
CEO Jaco van der Merwe and the executive team will discuss strategic priorities, operational initiatives, aftermarket growth, innovation and digital solutions, capital allocation, and market demand. Registration and presentation materials are available via the company’s investor microsite and webcast links.
Astec (NASDAQ: ASTE) announced a quarterly dividend of $0.13 per share, payable on or about May 29, 2026, to shareholders of record at the close of business on May 13, 2026.
The company designs and manufactures equipment for asphalt road building, aggregate processing and concrete production across two business segments: Infrastructure Solutions and Materials Solutions.
Astec Industries (NASDAQ: ASTE) named Chad Hartley Group President – Infrastructure Solutions, effective May 11, 2026, and added him to the Executive Leadership Team. Mr. Hartley joins from Regal Rexnord, where he served as President, Conveyance Solutions, and held senior global commercial and operations roles.
The appointment highlights Astec's focus on operational, product and commercial leadership for its Infrastructure Solutions segment.