ASTE Q3 2023 Earnings — Astec Industries, Inc. Revenue & Financial Results | Market Cap Arena

ASTEAstec Industries, Inc.

$1B

Q3 2023 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$303M-3.8% YoY

Gross Profit

$70M23.0% margin

Operating Income

-$5M-1.7% margin

Net Income

-$7M-2.2% margin

EPS (Diluted)

$-0.29

QoQ Revenue Growth

-13.4%

Cash Flow

Operating Cash Flow

-$16M

Free Cash Flow

-$24M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$440M

Stockholders' Equity

$635M

Cash & Equivalents

$74M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$303M	$315M	-3.8%
Gross Profit	$70M	$65M	+6.4%
Operating Income	-$5M	$9M	-158.4%
Net Income	-$7M	$700,000	-1042.9%

Revenue Segments

Infrastructure Group

$191M63%

Material Solutions

$111M37%

Geographic Segments

UNITED STATES

$230M77%

AUSTRALIA

$21M7%

CANADA

$13M4%

Africa

$11M4%

BRAZIL

$8M3%

Europe

$8M3%

MEXICO

$3M1%

Asia

$3M1%

Others

$800,0000%

Central America

$500,0000%