Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

ASTEC INDUSTRIES INC Earnings Release 2019

Oct 29, 2019

32157_rns_2019-10-29_f310aaf9-74a1-4a96-934f-daf2d02af44d.zip

Earnings Release

Open in viewer

Opens in your device viewer

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): October 29, 2019

Astec Industries, Inc.

(Exact Name of Registrant as Specified in Charter)

Tennessee 001-11595 62-0873631
(State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)

1725 Shepherd Road Chattanooga , Tennessee 37421

(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code: ( 423 ) 899-5898

N/A (Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Title of each class Trading Symbol Name of each exchange on which registered
Common Stock ASTE The NASDAQ Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition

On October 29, 2019 Astec Industries, Inc. (the “Company”) reported results of operations for the three and six-month periods ended September 30, 2019. The press release attached as Exhibit 99.1 includes additional information regarding the foregoing and is incorporated herein by reference.

Item 7.01. Regulation FD Disclosure

On October 29, 2019, the Company will hold a live audio webcast to discuss its financial results for the three and nine-month periods ended September 30, 2019. In connection with the webcast, the Company is furnishing to the U.S. Securities and Exchange Commission the following documents attached as exhibits to this Current Report on Form 8-K and incorporated by reference to this Item 7.01: the slide presentation attached as Exhibit 99.2 hereto.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

99.1 Press release dated October 29, 2019 issued by the Company
99.2 Slide Presentation

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

/s/ David C. Silvious
David C. Silvious
Chief Financial Officer, Vice President and Treasurer

EXHIBIT INDEX

99.1 Earnings release dated October 29, 2019 issued by the Company
99.2 Slide Presentation