{"schema_version":"secwatch.filing_event.v1","accession":"0000792987-24-000025","form_type":"8-K","ticker":"ASTE","cik":"0000792987","company_name":"ASTEC INDUSTRIES INC","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.988750+00:00","generated_at":"2026-06-03T03:33:43.434290+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Astec Q1 net sales down 11%; diluted EPS $0.15 vs $0.53 YoY","bullets":["Net sales $309.2M, down 11.1% YoY; backlog $559.8M, down 30%.","Diluted EPS $0.15 vs $0.53; adjusted EPS $0.34 vs $0.90.","Infrastructure Solutions net sales $202.2M (-6.2%); Materials Solutions $107.0M (-19.1%).","Adjusted EBITDA $18.9M, margin 6.1% vs 10.1% prior year.","Cash and liquidity $170.5M; dividend $0.13 per share."],"urls":{"canonical":"https://secwatch.observer/filing/0000792987-24-000025","json":"https://secwatch.observer/filing/0000792987-24-000025.json","markdown":"https://secwatch.observer/filing/0000792987-24-000025.md","text":"https://secwatch.observer/filing/0000792987-24-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/792987/000079298724000025/0000792987-24-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/792987/000079298724000025/aste-20240501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T03:33:43.434290+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":"270cc2d08fca7f457459852a360fe1073d05c377","claim":"ASTEC INDUSTRIES INC reported first quarter ended March 31, 2024 results: revenue $309.2 million, net income $3.4 million, EPS $0.15.","evidence_excerpt":"Implied orders increased 2.4% sequentially from the fourth quarter. • Backlog of $559.8 million as of March 31, 2024 approaching historical range. • Net sales decreased 11.1% to $309.2 million. • Gross margin of 24.9% decreased 70 basis points. • Diluted EPS of $0.15 compared to $0.53; Adjusted EPS of $0.34 compared to $0.90. • Federal highway and pavement contract","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/792987/000079298724000025/0000792987-24-000025-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$309.2 million"},{"label":"Net income","value":"$3.4 million"},{"label":"EPS","value":"$0.15"},{"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"}