ASTE Q2 2024 Earnings — Astec Industries, Inc. Revenue & Financial Results | Market Cap Arena

ASTEAstec Industries, Inc.

$1B

Q2 2024 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$346M-1.3% YoY

Gross Profit

$81M23.5% margin

Operating Income

-$11M-3.1% margin

Net Income

-$14M-4.1% margin

EPS (Diluted)

$-0.61

QoQ Revenue Growth

+11.7%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$3M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$474M

Stockholders' Equity

$633M

Cash & Equivalents

$63M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$346M	$350M	-1.3%
Gross Profit	$81M	$83M	-1.9%
Operating Income	-$11M	$17M	-161.8%
Net Income	-$14M	$13M	-206.9%

Revenue Segments

Infrastructure Group

$221M64%

Material Solutions

$124M36%

Geographic Segments

UNITED STATES

$272M79%

CANADA

$23M7%

Africa

$12M4%

AUSTRALIA

$10M3%

Europe

$8M2%

MEXICO

$7M2%

BRAZIL

$6M2%

Asia

$4M1%

Central America

$700,0000%

Others

$600,0000%