Astec Industries(ASTE) - 2024 Q3 - Quarterly Results
Astec Industries(ASTE)2024-11-06 20:02
GAAP Adjusted NEWS RELEASE ASTEC REPORTS THIRD QUARTER 2024 RESULTS Third Quarter 2024 Overview (all comparisons are made to the corresponding prior year third quarter unless otherwise specified): • Net sales of $291.4 million decreased 3.9% • Net loss of $6.2 million, which included an $8.4 million charge related to the settlement of a legacy litigation matter: Adjusted net income of $7.0 million • EBITDA of $0.6 million declined $1.2 million; Adjusted EBITDA was $17.4 million, an increase of $7.4 million ...