Astec industries, inc. reports earnings results for the third quarter ended september 30, 2019

Astec industries, inc. announced earnings results for the third quarter ended september 30, 2019. for the third quarter, the company announced sales was usd 255.807 million compared to usd 256.613 million a year ago. operating income was usd 3.342 million compared to usd 7.230 million a year ago. net income was usd 3.010 million compared to usd 6.995 million a year ago. basic earnings per share was usd 0.13 compared to usd 0.31 a year ago. diluted earnings per share was usd 0.13 compared to usd 0.3 a year ago. for the nine months, sales was usd 886.389 million compared to usd 854.595 million a year ago. operating income was usd 52.002 million compared to operating loss of usd 16.998 million a year ago. net income was usd 40.662 million compared to net loss of usd 13.411 million a year ago. basic earnings per share was usd 1.81 compared to basic loss per share of usd 0.58 a year ago. diluted earnings per share was usd 1.79 compared to diluted loss per share of usd 0.58 a year ago.
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