---
schema_version: "secwatch.filing_event.v1"
accession: "0000792987-24-000041"
form_type: "8-K"
ticker: "ASTE"
cik: "0000792987"
company_name: "ASTEC INDUSTRIES INC"
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:58:34.003472+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Astec reports Q2 GAAP loss of $(0.61)/share; adjusted EPS $0.61; sales down 1.3%

## Summary
- GAAP diluted EPS $(0.61) vs $0.58 prior year; includes $0.89/share goodwill impairment charge.
- Net sales $345.5M, down 1.3% YoY; Infrastructure Solutions +11%, Materials Solutions -17.7%.
- Backlog $531.1M, down 22.9% YoY; implied orders up 5.9% sequentially.
- Adjusted EBITDA $27.6M, margin 8.0% vs 9.2% prior year.
- ERP project cost range $180-200M, scope reduced to North America only, peaked in 2024.

## SEC filing metadata
- accession: 0000792987-24-000041
- form_type: 8-K
- ticker: ASTE
- cik: 0000792987
- company_name: ASTEC INDUSTRIES INC
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/792987/000079298724000041/0000792987-24-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/792987/000079298724000041/aste-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000792987-24-000041
- JSON: https://secwatch.observer/filing/0000792987-24-000041.json
- Plain text: https://secwatch.observer/filing/0000792987-24-000041.txt

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