Title: Astec records best 3rd quarter results since 2012

Astec net sales for the nine months ending September 30, 2018 were $854.6 million compared to $872.4 million for 2017, a decrease of 2.0%. Domestic sales decreased 2.8% to $667.6 million for the nine months ending September 30, 2018 from $686.9 million for the same period in 2017. International sales increased 0.8% to $187.0 million for the nine months ending September 30, 2018 from $185.5 million for the same period in 2017. The net loss for the nine months ending September 30, 2018 was $13.4 million or $0.58 per share, compared to earnings of $26.9 million or $1.16 per diluted share for the same period in 2017. Benjamin G. Brock, Chief Executive Officer, stated, “Our earnings per share for the third quarter this year was our best in the last six years. While the earnings were below our own expectation, we were pleased to earn our best reported third quarter result since 2012.

Click Here For Complete Article Text

 

   Person Information
   Application Sequencing
 211111 - Crude Petroleum and Natural Gas Extraction 原油和天然气开采  Shale Gas 页岩气              
 211111 - Crude Petroleum and Natural Gas Extraction 原油和天然气开采  Shale Oil              
 212321 - Construction Sand and Gravel Mining                
Company  Product  Process  Other  Subjects  Event  Event  Date  Location  Publication  Publication  Date Text  Descriptor

  • Astec

  • Profits

  • Sales

 

 

 

 

 

 

  • Article