Astec Industries Q3 net loss more than doubles year over year to $12.2 million
Bitget2026/11/05 12:18- Astec Industries’ third-quarter 2026 net loss attributable to controlling interest more than doubled year over year to $12.2 million.
- Net sales rose to $352.4 million, while backlog climbed 49% year over year to $670.5 million.
- CEO Jaco van der Merwe attributed weaker-than-expected results to earlier order pauses by select asphalt plant customers and inflationary headwinds.
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