💨 Abstract

Astec Industries Inc., a manufacturer of equipment for building, paving, and mining, reported first-quarter net income of $14.3 million, equating to 62 cents per share. Adjusted earnings were 88 cents per share. The company posted revenue of $329.4 million. Shares have increased 5% since the beginning of the year but have fallen 17% in the last 12 months.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖