{"version":"1.0","provider_name":"Market Newsdesk","provider_url":"https:\/\/www.marketnewsdesk.com","author_name":"Newsdesk","author_url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/","title":"Astec Reports First Quarter 2023 Results - Market Newsdesk","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"84QkVmrQ19\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/astec-reports-first-quarter-2023-results\/\">Astec Reports First Quarter 2023 Results<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.marketnewsdesk.com\/index.php\/astec-reports-first-quarter-2023-results\/embed\/#?secret=84QkVmrQ19\" width=\"600\" height=\"338\" title=\"&#8220;Astec Reports First Quarter 2023 Results&#8221; &#8212; Market Newsdesk\" data-secret=\"84QkVmrQ19\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/www.marketnewsdesk.com\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","description":"First Quarter 2023 Highlights\u00a0(all comparisons are made to the prior year first quarter): Net sales increased 19.5% to $347.9 million Operating margin of 5.1% increased 370 bps Diluted EPS of $0.53 compared to $0.18 ; Adjusted EPS of $0.90 compared to $0.41 Initial execution of multi-year ERP implementation on schedule CHATTANOOGA, Tenn., May 03, 2023 (GLOBE NEWSWIRE) &#8212; Astec Industries, Inc. (Nasdaq: ASTE) announced today its financial results for the first quarter of 2023. &#8220;We were pleased with our first quarter execution as we achieved double-digit sales growth in both the Infrastructure Solutions and Material Solutions Groups,&#8221; said Jaco van der Merwe, Chief Executive Officer. &#8220;I would like to thank all Astec employees for their hard work and dedication. They &hellip; Continue reading \"\"","thumbnail_url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzMDI4MSM1NTcwNDYxIzIwMTkwMTQ="}