Astec provides TerraSource FY2024 audited financials; revenue $164.3M, net income $8.7M

ASTEC INDUSTRIES INC

TerraSource FY2024 revenue $164.3M; net income $8.7M; total assets $145.0M at Dec 31, 2024.
Operating income $19.4M; cost of revenues $98.3M; gross margin 40.2%.
Acquisition closed July 1, 2025; purchase agreement dated April 28, 2025; this 8-K/A adds required financial statements.
Pro forma combined financials for FY2024 and Q1 2025 included as Exhibit 99.3.

item 9.01

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