{"schema_version":"secwatch.filing_event.v1","accession":"0000792987-23-000063","form_type":"8-K","ticker":"ASTE","cik":"0000792987","company_name":"ASTEC INDUSTRIES INC","filed_at":"2023-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.661634+00:00","generated_at":"2026-06-12T15:38:11.018192+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Astec Q2 net sales record $350M (+10%); adjusted EPS $0.87 vs $0.19 YoY","bullets":["Record net sales of $350.0M, up 10.0% YoY; diluted EPS of $0.58 vs $(0.17) in Q2 2022.","Adjusted EPS of $0.87, up 357.9% from $0.19; adjusted EBITDA of $32.2M (+143.9%).","Infrastructure Solutions net sales $218.1M (+4.1%); Materials Solutions $130.2M (+21.2%).","Backlog declined to $688.8M (-17.7%) as sales outpaced orders; supply chain improving.","Operating margin 4.9%, up 540 bps; company reaffirms ERP implementation on schedule."],"urls":{"canonical":"https://secwatch.observer/filing/0000792987-23-000063","json":"https://secwatch.observer/filing/0000792987-23-000063.json","markdown":"https://secwatch.observer/filing/0000792987-23-000063.md","text":"https://secwatch.observer/filing/0000792987-23-000063.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/792987/000079298723000063/0000792987-23-000063-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/792987/000079298723000063/aste-20230802.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T15:38:11.018192+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":"d4dc4a0fab9185291aa4adf05acc511a289ada5f","claim":"ASTEC INDUSTRIES INC reported three and six months ended June 30, 2023 results: revenue $350.0 million, net income $13.1 million, EPS $0.58.","evidence_excerpt":"ASTEC REPORTS SECOND QUARTER 2023 RESULTS Second Quarter 2023 Highlights (all comparisons are made to the prior year second quarter) : • Record net sales increased 10.0% to $350.0 million • Operating margin of 4.9% increased 540 bps • Diluted EPS of $0.58 compared to $(0.17); Adjusted EPS of $0.87 compared to $0.19 • Execution of multi-year ERP implementation on","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/792987/000079298723000063/0000792987-23-000063-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three and six months ended June 30, 2023"},{"label":"Revenue","value":"$350.0 million"},{"label":"Net income","value":"$13.1 million"},{"label":"EPS","value":"$0.58"},{"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"}