Yahoo Finance • last year

L.B. Foster Third Quarter 2023 Adjusted Results Reflect Ongoing Profitability Improvement and Strong Cash Flow; Reaffirming Midpoints of 2023 Guidance

Third quarter net sales of $145.3 million up 11.8% year over year (10.0% adjusted for non-routine items1). Adjusted organic growth1 was 12.6% partially offset by portfolio changes of 2.6%.Gross profit of $28.2 million up 22.2% year over ye... Full story

Yahoo Finance • last year

L.B. Foster and FUCHS Extend Strategic Partnership with Industry-Leading Friction Management Products for the Rail Market

Stefan Fuchs – Chairman of the Executive Board of FUCHS SE, and John Kasel – President and CEO, L.B. Foster Company Stefan Fuchs – Chairman of the Executive Board of FUCHS SE, and John Kasel – President and CEO, L.B. Foster Company alongs... Full story

Yahoo Finance • last year

In Line with Strategic Playbook, L.B. Foster Company to Exit Bridge Grid Deck Product Line in Bedford, PA to Focus on Growing Bridge Forms Business; Company Reiterates 2023 Guidance

PITTSBURGH, Aug. 30, 2023 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), a global technology solutions provider of products and services for the rail and infrastructure markets (the "Company"), today announced it would discontin... Full story

Yahoo Finance • last year

L.B. Foster Company Announces Sale of Concrete Rail Tie Operations

PITTSBURGH, July 05, 2023 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), a global technology solutions provider of products and services for the rail and infrastructure markets (the "Company"), today announced that its CXT, Inco... Full story

Yahoo Finance • 2 years ago

L.B. Foster Company to Present at the Lytham Partners Spring 2023 Virtual Investor Conference on May 18, 2023

PITTSBURGH, May 11, 2023 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), announced today that John Kasel, President and Chief Executive Officer, and Bill Thalman, Senior Vice President and Chief Financial Officer, will present vi... Full story

Yahoo Finance • 2 years ago

Strategic Transformation Initiatives at L.B. Foster Drive Improved First Quarter Operating Results; Company Reaffirms 2023 Financial Guidance

First quarter net sales of $115.5 million up 16.9% year over year (11.5% organic); gross profit of $23.3 million up 41.6% year over year, with gross margins improving 360 bps to 20.2%.Completed sale of Chemtec Precision Measurement Product... Full story

Yahoo Finance • 2 years ago

L.B. Foster Company to Report First Quarter 2023 Operating Results on May 9, 2023

PITTSBURGH, May 02, 2023 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), today announced that it will release its first quarter operating results, pre-market opening on Tuesday, May 9, 2023. L.B. Foster will host a conference cal... Full story

Yahoo Finance • 2 years ago

L.B. Foster Reaches Agreement With 22NW, LP Invites Alexander B. Jones to Serve as a Board Observer

PITTSBURGH, April 07, 2023 (GLOBE NEWSWIRE) -- L.B. Foster Company (the “Company”) (NASDAQ: FSTR) today announced that it has reached an agreement with 22NW, LP, one of the Company’s largest shareholders, and various related parties. Pu... Full story

Yahoo Finance • 2 years ago

L.B. Foster Company Announces Precision Measurement Products and Systems Divestiture and Updated 2023 Financial Guidance

PITTSBURGH, April 03, 2023 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), a global technology solutions provider of products and services for the rail and infrastructure markets (the "Company"), today announced the sale of subst... Full story

Yahoo Finance • 2 years ago

L.B. Foster Reports Fourth Quarter / Full Year 2022 Results, Full Year Financial Guidance for 2023, and $15 Million Stock Buyback Authorization

Fourth quarter net sales of $137.2 million up 21.4% year over year, with gross margins expanding 260 basis points to 19.5% for the quarter.Fourth quarter adjusted EBITDA1 of $7.5 million up $4.3 million, or 132.6%, year over year.Fourth qu... Full story

Yahoo Finance • 2 years ago

L.B. Foster Company to Report Fourth Quarter and Full Year 2022 Operating Results on March 6, 2023

PITTSBURGH, Feb. 21, 2023 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), today announced that it will release its fourth quarter and full year 2022 operating results, pre-market opening on Monday, March 6, 2023. L.B. Foster will... Full story

Yahoo Finance • 2 years ago

L.B. Foster and FUCHS Announce Strategic Partnership to Develop Industry-Leading Friction Management Products for the Global Rail Markets

PITTSBURGH, Dec. 14, 2022 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), a global solutions provider of products and services for the rail and infrastructure markets ("L.B. Foster" or the “Company”), is pleased to announce a str... Full story

Yahoo Finance • 2 years ago

L.B. Foster Company Announces the Appointment of Janet Lee to its Board of Directors and the Retirements of Suzanne B. Rowland and Robert S. Purgason

PITTSBURGH, Dec. 02, 2022 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), a global solutions provider of products and services for the rail and infrastructure markets, announced today that Ms. Janet Lee has been appointed to the... Full story

Yahoo Finance • 2 years ago

L.B. Foster Company to Present Virtually at Singular Research Best of the Uncovered Conference on December 8, 2022

PITTSBURGH, Dec. 01, 2022 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), announced today that Bill Thalman, Senior Vice President and Chief Financial Officer, and Sean Reilly, Controller and Principal Accounting Officer, will pr... Full story

Yahoo Finance • 2 years ago

L.B. Foster Reports Third Quarter Operating Results

Third quarter net sales of $130.0 million flat with prior year; up 8.7% organically, 11.8% adjusted for nonroutine items1.Third quarter net loss $2.1 million down $4.3 million from last year; Adjusted EBITDA1 of $9.3 million in current qua... Full story

Yahoo Finance • 2 years ago

L.B. Foster and ACIPCO Providing Coated Pipe to Summit Carbon Solutions’ 2,000 Mile Carbon Capture and Sequestration Pipeline

PITTSBURGH, Nov. 07, 2022 (GLOBE NEWSWIRE) -- L.B. Foster Company (Nasdaq: FSTR), a global solutions provider of products and services for the rail and infrastructure markets ("L.B. Foster" or the “Company”), today announced that the Com... Full story

Yahoo Finance • 2 years ago

L.B. Foster Company to Report Third Quarter 2022 Operating Results on November 8, 2022

PITTSBURGH, Nov. 01, 2022 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), today announced that it will release its third quarter 2022 operating results, pre-market opening on Tuesday, November 8, 2022. L.B. Foster will host a con... Full story

Yahoo Finance • 2 years ago

L.B. Foster Company to Present Virtually at Singular Research Midwestern Values Investor Conference on September 14, 2022

PITTSBURGH, Sept. 07, 2022 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), announced today that John Kasel, President and Chief Executive Officer, and Bill Thalman, Senior Vice President and Chief Financial Officer, will present... Full story

Yahoo Finance • 2 years ago

L.B. Foster Company to Present at Three Part Advisors’ 12th Annual Midwest IDEAS Investor Conference on August 24, 2022 in Chicago, IL

PITTSBURGH, Aug. 17, 2022 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), announced today that John Kasel, President and Chief Executive Officer, and Bill Thalman, Senior Vice President and Chief Financial Officer, will present a... Full story

Yahoo Finance • 2 years ago

L.B. Foster Reports Second Quarter Operating Results

PITTSBURGH, Aug. 09, 2022 (GLOBE NEWSWIRE) --  L.B. Foster Company (Nasdaq: FSTR), a global solutions provider of products and services for the rail and infrastructure markets (the "Company"), today reported its 2022 second quarter opera... Full story