CHATTANOOGA, Tenn. (AP) — CHATTANOOGA, Tenn. (AP) — Astec Industries Inc. (ASTE) on Wednesday reported second-quarter earnings of $10.5 million.
The Chattanooga, Tennessee-based company said it had profit of 45 cents per share. Earnings, adjusted for non-recurring costs, were 94 cents per share.
The maker of equipment for building, paving and mining posted revenue of $408.1 million in the period.
Astec Industries shares have climbed 21% since the beginning of the year. The stock has increased 32% in the last 12 months.
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