Astec Reports First Quarter 2026 Results
Astec Industries, Inc. announced first quarter 2026 financial results with a 20.3% increase in net sales reaching $396.3 million, driven primarily by a 70.6% rise in Materials Solutions net sales. Despite the sales growth, net income declined sharply to $1.3 million from $14.3 million the prior year, affected by timing and mix shifts in Infrastruct…