ASTE Q1 2023 Earnings — Astec Industries, Inc. Revenue & Financial Results | Market Cap Arena

ASTEAstec Industries, Inc.

$1B

Q1 2023 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$348M+19.5% YoY

Gross Profit

$89M25.6% margin

Operating Income

$18M5.1% margin

Net Income

$12M3.5% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

-0.6%

Cash Flow

Operating Cash Flow

-$19M

Free Cash Flow

-$27M

Stock-Based Comp.

$800,000

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$373M

Stockholders' Equity

$636M

Cash & Equivalents

$43M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$348M	$291M	+19.5%
Gross Profit	$89M	$65M	+37.9%
Operating Income	$18M	$4M	+340.0%
Net Income	$12M	$4M	+195.1%

Revenue Segments

Infrastructure Group

$230M67%

Material Solutions

$114M33%

Geographic Segments

UNITED STATES

$281M82%

CANADA

$22M6%

Europe

$11M3%

AUSTRALIA

$10M3%

Africa

$8M2%

BRAZIL

$5M1%

Central America

$2M1%

Others

$2M1%

Asia

$900,0000%

MEXICO

$800,0000%