Astec reports Q4 adjusted EPS $1.19 vs. 90c last year

Reports Q4 revenue $359M vs. $337.2M last year. “I am pleased to report strong net income and quarterly records for net sales, adjusted EBITDA and adjusted earnings per share. Our efforts around aftermarket, operational excellence and our OneASTEC (ASTE) procurement team are starting to deliver results,” said Jaco van der Merwe, Chief Executive Officer. “I would like to thank all Astec employees for their hard work and dedication. Our results show what our team is capable of.”