Right Lane Industries Announces Sale of TerraSource Holdings to Astec Industries |
COCONUT GROVE, Fla.--(BUSINESS WIRE)--Right Lane Industries (“Right Lane”), a privately-held industrial-holding company focused on corporate carveouts and other complex transactions, today announced that it has signed an agreement to sell TerraSource Holdings LLC (“TerraSource”) to Astec Industries (“Astec”) for a purchase price of $245 million. TerraSource, headquartered in Saint Louis, is a leading provider of material handling equipment and related aftermarket parts and services for crushing. |
businesswire.com |
2025-05-01 14:35:00 |
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Astec Industries Just Earned A Rare Double-Upgrade |
Astec Industries has shown significant improvement, with Q1 2025 revenue up 6.5% and earnings per share rising from $0.15 to $0.62. Despite past bearish ratings, recent performance and a strategic acquisition of TerraSource Holdings justify upgrading Astec Industries to a soft 'buy'. ASTE's Infrastructure Solutions segment grew 16.7%, offsetting weaknesses in Materials Solutions, and management's initiatives are clearly paying off. |
seekingalpha.com |
2025-04-30 02:10:02 |
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Astec Industries, Inc. (ASTE) Q1 2025 Earnings Call Transcript |
Astec Industries, Inc. (NASDAQ:ASTE ) Q1 2025 Earnings Call April 29, 2025 8:30 AM ET Company Participants Steve Anderson - Investor Relations Jaco van der Merwe - Chief Executive Officer Brian Harris - Chief Financial Officer Conference Call Participants Steve Ferazani - Sidoti Mig Dobre - Baird Operator Hello and welcome to the Astec Industries First Quarter 2025 Earnings Call. As a reminder, this conference call is being recorded. |
seekingalpha.com |
2025-04-29 17:38:36 |
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Astec Reports First Quarter 2025 Results, Enters Into Definitive Agreement to Acquire TerraSource Holdings, LLC |
First Quarter 2025 Overview (all comparisons are made to the corresponding prior year first quarter unless otherwise specified): |
globenewswire.com |
2025-04-29 11:01:00 |
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Astec Announces Quarterly Dividend |
CHATTANOOGA, Tenn., April 28, 2025 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) announced that its Board of Directors declared a quarterly dividend of $0.13 per share. The dividend is to be paid on or about May 30, 2025, to shareholders of record as of the close of business on May 13, 2025. |
globenewswire.com |
2025-04-28 20:01:00 |
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Astec Industries, Inc. Announces the Company's First Quarter 2025 Conference Call on April 29, 2025, at 8:30 A.M. Eastern Time |
CHATTANOOGA, Tenn., April 07, 2025 (GLOBE NEWSWIRE) -- You are invited by Astec Industries, Inc. (NASDAQ:ASTE) to participate in a conference call to review the company's first quarter 2025 financial results. |
globenewswire.com |
2025-04-07 20:01:00 |
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Astec to Participate in Sidoti Small Cap Virtual Conference |
CHATTANOOGA, Tenn., March 10, 2025 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) announced today it will participate in the Sidoti Small Cap Virtual Conference on Wednesday, March 19, 2025. Jaco van der Merwe, President and Chief Executive Officer, Brian Harris, Chief Financial Officer and Stephen C. Anderson, Senior Vice President of Investor Relations will present at the conference and participate in 1x1 meetings. The meetings will be held in a virtual-only format. The ASTEC presentation will take place from 1:45 P.M. to 2:15 P.M. Eastern time. Those wishing to access the presentation can do so with the following link: |
globenewswire.com |
2025-03-10 18:05:00 |
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Astec Industries, Inc. (ASTE) Q4 2024 Earnings Call Transcript |
Astec Industries, Inc. (NASDAQ:ASTE ) Q4 2024 Earnings Conference Call February 26, 2025 8:30 AM ET Company Participants Steve Anderson - Senior Vice President of Administration, Investor Relations Jaco van der Merwe - President & Chief Executive Officer Brian Harris - Chief Financial Officer Conference Call Participants Brian Sponheimer - Gabelli Asset Management Operator Hello and welcome to the Astec Industries Fourth Quarter and Full Year 2024 Earnings Call. As a reminder, this conference call is being recorded. |
seekingalpha.com |
2025-02-26 11:34:44 |
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Astec Reports Record Fourth Quarter, Full Year 2024 Results |
Fourth Quarter 2024 Overview (all comparisons are made to the corresponding prior year fourth quarter unless otherwise specified): |
globenewswire.com |
2025-02-26 09:01:00 |
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Astec Announces Quarterly Dividend |
CHATTANOOGA, Tenn., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) announced that its Board of Directors declared a quarterly dividend of $0.13 per share. The dividend is to be paid on or about March 31, 2025, to shareholders of record as of the close of business on March 10, 2025. |
globenewswire.com |
2025-02-24 18:05:00 |
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Astec Industries, Inc. (NASDAQ: ASTE) Announces the Company's Fourth Quarter and Full Year 2024 Conference Call on February 26, 2025, at 8:30 A.M. Eastern Time |
CHATTANOOGA, Tenn., Feb. 04, 2025 (GLOBE NEWSWIRE) -- You are invited by Astec Industries, Inc. (NASDAQ:ASTE) to participate in a conference call to review the company's fourth quarter and full year 2024 financial results. |
globenewswire.com |
2025-02-04 18:01:00 |
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Astec to participate in Baird's 2024 Global Industrial Conference |
CHATTANOOGA, Tenn., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) announced today it will participate in the Baird Global Industrial Conference on November 14, 2024. Jaco van der Merwe, President and Chief Executive Officer, Brian Harris, Chief Financial Officer and Steve Anderson, Senior Vice President of Investor Relations will attend the conference. |
globenewswire.com |
2024-11-07 18:01:00 |
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Astec Industries, Inc. (ASTE) Q3 2024 Earnings Conference Call Transcript |
Astec Industries, Inc. (NASDAQ:ASTE ) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Steve Anderson - SVP of Administration and IR Jaco van der Merwe - President and CEO Brian Harris - CFO Heinrich Jonker - VP of Finance Conference Call Participants Joe Grabowski - Baird Steve Ferazani - Sidoti Operator Hello and welcome to the Astec Industries Third Quarter 2024 Earnings Call. As a reminder, this conference call is being recorded. |
seekingalpha.com |
2024-11-06 14:28:08 |
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Astec Reports Third Quarter 2024 Results |
Third Quarter 2024 Overview (all comparisons are made to the corresponding prior year third quarter unless otherwise specified): |
globenewswire.com |
2024-11-06 09:01:00 |
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Astec Industries: Still Driving Down An Ugly Path |
Despite Astec Industries' attractive pricing, ongoing financial instability and declining profitability justify maintaining a 'sell' rating until signs of recovery emerge. Revenue and profits have declined, with a significant net loss and reduced operating cash flow, highlighting the company's deteriorating financial condition. The backlog continues to shrink, indicating persistent challenges, though analysts foresee potential improvement in upcoming financial results. |
seekingalpha.com |
2024-10-28 06:47:28 |
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Astec Announces Quarterly Dividend |
CHATTANOOGA, Tenn., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) announced that its Board of Directors declared a quarterly dividend of $0.13 per share. The dividend is to be paid on or about November 27, 2024 to shareholders of record as of the close of business on November 13, 2024. |
globenewswire.com |
2024-10-24 20:01:00 |
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Astec Industries, Inc. (NASDAQ: ASTE) Announces the Company's Third Quarter Conference Call on November 6, 2024 at 8:30 A.M. Eastern Time |
CHATTANOOGA, Tenn., Oct. 10, 2024 (GLOBE NEWSWIRE) -- You are invited by Astec Industries, Inc. (NASDAQ:ASTE) to participate in a conference call to review the company's third quarter 2024 financial results. |
globenewswire.com |
2024-10-10 20:01:00 |
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Astec Industries, Inc. (NASDAQ: ASTE) to Present at Sidoti Small-Cap Virtual Investor Conference on September 19, 2024 at 10:00 A.M. Eastern Daylight Time |
CHATTANOOGA, Tenn., Sept. 13, 2024 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announced Jaco van der Merwe (Chief Executive Officer), Heinrich Jonker (Interim Chief Financial Officer) and Steve Anderson (Senior Vice President of Administration and Investor Relations), will present and host one-on-one meetings with investors at the Sidoti Small-Cap Virtual Investor Conference, taking place on September 19, 2024. |
globenewswire.com |
2024-09-13 11:01:00 |
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Astec Industries, Inc. (ASTE) Q2 2024 Earnings Call Transcript |
Astec Industries, Inc. (NASDAQ:ASTE ) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Steve Anderson – Senior Vice President of Administration and Investor Relations Jaco van der Merwe – President and Chief Executive Officer Heinrich Jonker – Interim Chief Financial Officer Conference Call Participants Mig Dobre – Baird Stephen Ferazani – Sidoti Operator Hello, and welcome to Astec Industries Second Quarter Earnings Call. As a reminder, this conference call is being recorded. |
seekingalpha.com |
2024-08-07 17:16:08 |
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Astec Reports Second Quarter 2024 Results |
Second Quarter 2024 Overview (all comparisons are made to the corresponding prior year second quarter unless otherwise specified): |
globenewswire.com |
2024-08-07 11:01:00 |
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Astec Announces Quarterly Dividend |
CHATTANOOGA, Tenn., July 29, 2024 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announced that its Board of Directors declared a quarterly dividend of $0.13 per share. The dividend is to be paid on or about August 30, 2024 to shareholders of record as of the close of business on August 12, 2024. |
globenewswire.com |
2024-07-29 20:01:00 |
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Astec Industries, Inc. (NASDAQ: ASTE) Announces the Company's Second Quarter Conference Call on August 7, 2024 at 8:30 A.M. Eastern Time |
CHATTANOOGA, Tenn., July 15, 2024 (GLOBE NEWSWIRE) -- You are invited by Astec Industries, Inc. (NASDAQ:ASTE) to participate in a conference call to review the company's second quarter 2024 financial results. |
globenewswire.com |
2024-07-15 20:01:00 |
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The Schall Law Firm Encourages Investors In Astec Industries Inc With Losses Of $100,000 To Establish Communication |
LOS ANGELES, CA / ACCESSWIRE / June 28, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Astec Industries, Inc. ("Astec" or "the Company") (NASDAQ:ASTE) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. |
accesswire.com |
2024-06-28 15:00:00 |
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The Schall Law Firm Urges Investors In Astec Industries Inc With Losses Of $100,000 To Initiate Contact |
LOS ANGELES, CA / ACCESSWIRE / June 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Astec Industries, Inc. ("Astec" or "the Company") (NASDAQ:ASTE) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. |
accesswire.com |
2024-06-27 03:00:00 |
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The Schall Law Firm Encourages Investors In Astec Industries Inc With Losses Of $100,000 To Initiate Contact |
LOS ANGELES, CA / ACCESSWIRE / June 25, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Astec Industries, Inc. ("Astec" or "the Company") (NASDAQ:ASTE) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. |
accesswire.com |
2024-06-25 19:00:00 |
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Is the Options Market Predicting a Spike in Astec (ASTE) Stock? |
Investors need to pay close attention to Astec (ASTE) stock based on the movements in the options market lately. |
zacks.com |
2024-06-25 15:10:44 |
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The Schall Law Firm Urges Investors In Astec Industries Inc With Losses Of $100,000 To Establish Communication |
LOS ANGELES, CA / ACCESSWIRE / June 24, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Astec Industries, Inc. ("Astec" or "the Company") (NASDAQ:ASTE) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. |
accesswire.com |
2024-06-24 22:45:00 |
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The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of Publicly-Traded Astec Industries, Inc. Common Stock - ASTE |
CHATTANOOGA, Tenn., June 24, 2024 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. announces that the United States District Court for the Eastern District of Tennessee has approved the following announcement of a proposed class action settlement that would benefit purchasers of publicly-traded Astec Industries, Inc. common stock (NASDAQ: ASTE): |
globenewswire.com |
2024-06-24 12:00:00 |
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The Schall Law Firm Encourages Investors In Astec Industries Inc With Losses Of $100,000 To Make Contact |
LOS ANGELES, CA / ACCESSWIRE / June 23, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Astec Industries, Inc. ("Astec" or "the Company") (NASDAQ:ASTE) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. |
accesswire.com |
2024-06-23 15:00:00 |
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The Schall Law Firm Urges Investors In Astec Industries Inc With Losses Of $100,000 To Reach Out |
LOS ANGELES, CA / ACCESSWIRE / June 22, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Astec Industries, Inc. ("Astec" or "the Company") (NASDAQ:ASTE) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. |
accesswire.com |
2024-06-22 15:00:00 |
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The Schall Law Firm Encourages Investors In Astec Industries Inc With Losses Of $100,000 To Make Contact |
LOS ANGELES, CA / ACCESSWIRE / June 21, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Astec Industries, Inc. ("Astec" or "the Company") (NASDAQ:ASTE) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. |
accesswire.com |
2024-06-21 21:15:00 |
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