{"schema_version":"secwatch.filing_event.v1","accession":"0000792987-23-000041","form_type":"8-K","ticker":"ASTE","cik":"0000792987","company_name":"ASTEC INDUSTRIES INC","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.240470+00:00","generated_at":"2026-06-16T01:58:46.218767+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Astec Q1 net sales up 19.5% to $347.9M; adjusted EPS $0.90 vs $0.41 YoY","bullets":["Net sales $347.9M (+19.5% YoY); domestic +20.0%, international +17.5%.","Diluted EPS $0.53 vs $0.18; adjusted EPS $0.90 vs $0.41; operating margin 5.1% (+370 bps).","Infrastructure Solutions sales $229.9M (+16.4%); Materials Solutions sales $113.9M (+21.6%).","Backlog $800.2M (-4.1% YoY); balance sheet cash $42.5M (-62%); dividend $0.13/share.","ERP implementation on schedule; transformation costs $8.4M after-tax excluded from adjusted EPS."],"urls":{"canonical":"https://secwatch.observer/filing/0000792987-23-000041","json":"https://secwatch.observer/filing/0000792987-23-000041.json","markdown":"https://secwatch.observer/filing/0000792987-23-000041.md","text":"https://secwatch.observer/filing/0000792987-23-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/792987/000079298723000041/0000792987-23-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/792987/000079298723000041/aste-20230503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T01:58:46.218767+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":"4687bf9bcdb2ce7b7f4a7b633b8e20c416d58b00","claim":"ASTEC INDUSTRIES INC reported the three months ended March 31, 2023 results: revenue $347.9 million, net income $12.1 million, EPS $0.53.","evidence_excerpt":"NEWS RELEASE ASTEC REPORTS FIRST QUARTER 2023 RESULTS First Quarter 2023 Highlights (all comparisons are made to the prior year first quarter) : • Net sales increased 19.5% to $347.9 million • Operating margin of 5.1% increased 370 bps • Diluted EPS of $0.53 compared to $0.18; Adjusted EPS of $0.90 compared to $0.41 • Initial execution of multi-year ERP","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/792987/000079298723000041/0000792987-23-000041-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2023"},{"label":"Revenue","value":"$347.9 million"},{"label":"Net income","value":"$12.1 million"},{"label":"EPS","value":"$0.53"},{"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"}