Aug. 5 at 12:54 PM
$ATEC $10.20 bid
Holding long position at loss
UPDATE:Second Quarter 2026 Overview:
Net sales of
$408.1 million , increased 23.6%
Net income of
$10.5 million ; Adjusted net income of
$21.8 million
EBITDA of
$35.6 million ; Adjusted EBITDA of
$42.6 million
Diluted EPS of
$0.45; Adjusted EPS of
$0.94
Operating cash flow of
$52.8 million year to date; Free cash flow of
$37.3 million year to date
Backlog of
$601.1 million grew 57.9%
Announced today its financial results for the second quarter ended June 30, 2026, "We reported second quarter results with increased net sales, EBITDA and backlog. Materials Solutions orders continued to remain strong, while dealers reported healthy inventory levels and rental conversions." said Jaco van der Merwe, Chief Executive Officer. Mr. van der Merwe went on to say, "For Infrastructure Solutions, order patterns remained consistent with the prior year, however macro-driven events are impacting the timing of shipments for asphalt plants. As such, we are revising our full year 2026 adjusted EBITDA guidance from the previous range of
$170 million to
$190 million to
$160 million to
$175 million."
