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.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASTE: