{"schema_version":"secwatch.filing_event.v1","accession":"0000792987-23-000009","form_type":"8-K","ticker":"ASTE","cik":"0000792987","company_name":"ASTEC INDUSTRIES INC","filed_at":"2023-03-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.101547+00:00","generated_at":"2026-06-18T19:24:53.904069+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Astec Q4 net sales up 31% to $349.9M; adjusted EPS $0.34 vs loss of $(0.06)","bullets":["Net sales $349.9M (+31.2% YoY); backlog $912.7M (+19.7%).","GAAP diluted EPS loss $(0.04) vs $(0.44); adjusted EPS $0.34 vs $(0.06) loss.","Infrastructure Solutions net sales $238.4M (+27.1%); Materials Solutions $109.8M (+39.0%).","CEO transition: Barry Ruffalo terminated Jan 6, 2023; Jaco van der Merwe succeeded; $4.4M restructuring costs in Q4.","Cash $66.0M (-50.9% YoY); operating cash flow -$73.9M; repurchased $4M shares; dividend $0.13."],"urls":{"canonical":"https://secwatch.observer/filing/0000792987-23-000009","json":"https://secwatch.observer/filing/0000792987-23-000009.json","markdown":"https://secwatch.observer/filing/0000792987-23-000009.md","text":"https://secwatch.observer/filing/0000792987-23-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/792987/000079298723000009/0000792987-23-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/792987/000079298723000009/aste-20230301.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T19:24:53.904069+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b1f70e3f9aba7c4cfbf4b108aa4a679018848bff","claim":"ASTEC INDUSTRIES INC reported three months and year ended December 31, 2022 results: revenue $349.9 million, net income $(1.0) million, EPS $(0.04) per diluted share.","evidence_excerpt":"RELEASE ASTEC REPORTS FOURTH QUARTER 2022 RESULTS Fourth Quarter 2022 Highlights (all comparisons are made to the prior year fourth quarter) : • Net sales increased 31.2% to $349.9 million • Operating margin of 0.9% increased 320 bps • Diluted loss per share of $(0.04) compared to $(0.44); Adjusted EPS of $0.34 compared to a loss of $(0.06) per share • Backlog","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/792987/000079298723000009/0000792987-23-000009-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months and year ended December 31, 2022"},{"label":"Revenue","value":"$349.9 million"},{"label":"Net income","value":"$(1.0) million"},{"label":"EPS","value":"$(0.04) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}