---
schema_version: "secwatch.filing_event.v1"
accession: "0000792987-22-000023"
form_type: "8-K"
ticker: "ASTE"
cik: "0000792987"
company_name: "ASTEC INDUSTRIES INC"
filed_at: "2022-05-04T23:59:59+00:00"
generated_at: "2026-06-26T01:01:52.368950+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Astec Q1 net income down 51.8% to $4.1M; backlog hits record $834.7M

## Summary
- Net sales $291.2M, +2.4% YoY; domestic sales +3.9%, international -3.6%.
- Diluted EPS $0.18 vs $0.37; adjusted EPS $0.41 vs $0.50; adjusted net income $9.4M, -18.3%.
- Record backlog $834.7M (+98.4% YoY) driven by 119% domestic increase.
- Acquired MINDS Automation Group in April 2022; plant automation control systems.
- Operating margin fell to 1.9% from 3.3%; supply chain and inflation headwinds continue.

## SEC filing metadata
- accession: 0000792987-22-000023
- form_type: 8-K
- ticker: ASTE
- cik: 0000792987
- company_name: ASTEC INDUSTRIES INC
- filed_at: 2022-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/792987/000079298722000023/0000792987-22-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/792987/000079298722000023/aste-20220504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000792987-22-000023
- JSON: https://secwatch.observer/filing/0000792987-22-000023.json
- Plain text: https://secwatch.observer/filing/0000792987-22-000023.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.