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Astec Reports First Quarter 2025 Results, Enters Into Definitive Agreement to Acquire TerraSource Holdings, LLC
ASTEAstec Industries(ASTE) GlobeNewswire·2025-04-29 19:01

First Quarter 2025 Overview (all comparisons are made to the corresponding prior year first quarter unless otherwise specified): Net sales of 329.4millionStrongnetincomeof329.4 millionStrong net income of 14.3 million; Adjusted net income of 20.3millionEBITDAof20.3 millionEBITDA of 27.5 million; Adjusted EBITDA of 35.2millionDilutedEPSof35.2 millionDiluted EPS of 0.62; Adjusted EPS of 0.88Operatingcashflowof0.88Operating cash flow of 20.5 million; Free cash flow of 16.6millionEntereddefinitivepurchaseagreementtoacquireTerraSourceHoldings,LLC("TerraSource")for16.6 millionEntered definitive purchase agreement to acquire TerraSource Holdings, LLC ("TerraSource") for 245.0 million CHATT ...