ASTE Q1 2024 Earnings — Astec Industries, Inc. Revenue & Financial Results | Market Cap Arena

ASTEAstec Industries, Inc.

$1B

Q1 2024 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$309M-11.1% YoY

Gross Profit

$77M24.9% margin

Operating Income

$6M2.0% margin

Net Income

$3M1.1% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

-8.3%

Cash Flow

Operating Cash Flow

-$47M

Free Cash Flow

-$53M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$473M

Stockholders' Equity

$650M

Cash & Equivalents

$58M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$309M	$348M	-11.1%
Gross Profit	$77M	$89M	-13.8%
Operating Income	$6M	$18M	-64.2%
Net Income	$3M	$12M	-71.9%

Revenue Segments

Infrastructure Group

$202M65%

Material Solutions

$107M35%

Geographic Segments

UNITED STATES

$243M80%

CANADA

$19M6%

AUSTRALIA

$9M3%

Europe

$9M3%

Africa

$9M3%

BRAZIL

$6M2%

MEXICO

$4M1%

Asia

$4M1%

Central America

$700,0000%

Others

$500,0000%