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Astec Industries, Inc. (NASDAQ:ASTE ) Q2 2025 Earnings Conference Call August 6, 2025 8:30 AM ET Company Participants Brian J. Harris - Chief Financial Officer Jaco G.
Second Quarter 2025 Overview (all comparisons are made to the corresponding prior year second quarter unless otherwise specified):
CHATTANOOGA, Tenn., July 28, 2025 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) announced that its Board of Directors declared a quarterly dividend of $0.13 per share. The dividend is to be paid on or about August 29, 2025, to shareholders of record as of the close of business on August 11, 2025.
CHATTANOOGA, Tenn., July 16, 2025 (GLOBE NEWSWIRE) -- You are invited by Astec Industries, Inc. (NASDAQ:ASTE) to participate in a conference call to review the company's second quarter 2025 financial results.
COCONUT GROVE, Fla.--(BUSINESS WIRE)--Right Lane Industries (“Right Lane”), a privately-held industrial-holding company focused on corporate carveouts and other complex transactions, today announced that it has signed an agreement to sell TerraSource Holdings LLC (“TerraSource”) to Astec Industries (“Astec”) for a purchase price of $245 million. TerraSource, headquartered in Saint Louis, is a leading provider of material handling equipment and related aftermarket parts and services for crushing.
Astec Industries has shown significant improvement, with Q1 2025 revenue up 6.5% and earnings per share rising from $0.15 to $0.62. Despite past bearish ratings, recent performance and a strategic acquisition of TerraSource Holdings justify upgrading Astec Industries to a soft 'buy'. ASTE's Infrastructure Solutions segment grew 16.7%, offsetting weaknesses in Materials Solutions, and management's initiatives are clearly paying off.
Astec Industries, Inc. (NASDAQ:ASTE ) Q1 2025 Earnings Call April 29, 2025 8:30 AM ET Company Participants Steve Anderson - Investor Relations Jaco van der Merwe - Chief Executive Officer Brian Harris - Chief Financial Officer Conference Call Participants Steve Ferazani - Sidoti Mig Dobre - Baird Operator Hello and welcome to the Astec Industries First Quarter 2025 Earnings Call. As a reminder, this conference call is being recorded.
First Quarter 2025 Overview (all comparisons are made to the corresponding prior year first quarter unless otherwise specified):
CHATTANOOGA, Tenn., April 28, 2025 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) announced that its Board of Directors declared a quarterly dividend of $0.13 per share. The dividend is to be paid on or about May 30, 2025, to shareholders of record as of the close of business on May 13, 2025.