secwatch.observer — SEC 8-K summary
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Issuer:     ASTEC INDUSTRIES INC (ASTE)
CIK:        0000792987
Form:       8-K
Filed at:   2026-08-05T11:01:30+00:00
Accession:  0000792987-26-000039
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Astec Q2 sales up 23.6% to $408M; cuts FY 2026 adjusted EBITDA guidance to $160-175M
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- Net sales $408.1M (+23.6% YoY); GAAP diluted EPS $0.45, adjusted EPS $0.94.
- Backlog $601.1M (+57.9%); Materials Solutions orders strong, book-to-bill 142.2%.
- FY 2026 adjusted EBITDA guidance cut to $160-175M from $170-190M due to macro-driven asphalt plant shipment delays.
- Infrastructure Solutions implied orders declined 20% sequentially; book-to-bill 89.5%.
- Dividend maintained at $0.13 per share; YTD free cash flow $37.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/792987/000079298726000039/0000792987-26-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/792987/000079298726000039/aste-20260805.htm
  HTML page:      https://secwatch.observer/filing/0000792987-26-000039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer