Astec Industries (ASTE) Misses Q3 EPS by 47c, Revenue Beats

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Astec Reports Third Quarter 2022 Results

November 2, 2022 7:00 AM EDT

Third Quarter 2022 Highlights (all comparisons are made to the prior year third quarter):

Net sales increased 18.1% to $315.2 millionGross Profit Margin of 20.7% decreased 250 bpsBacklog increased 56.2% to $969.0 millionRepurchased... More