Astec Industries (ASTE) Q2 FY26 earnings call

Astec Industries delivered a solid second quarter with record revenue and adjusted EBITDA, driven by strong demand in its Material Solutions segment and robust parts and service growth. However, macro-driven events led to a revision of full-year adjusted EBITDA guidance, as some asphalt plant deliveries shifted to later quarters. The company remains optimistic about multi-year demand from infrastructure projects and global mining, with a strong balance sheet supporting future growth initiatives.