Welcome to our dedicated page for L B Foster news (Ticker: FSTR), a resource for investors and traders seeking the latest updates and insights on L B Foster stock.
L.B. Foster Company (FSTR) delivers essential infrastructure solutions across rail, construction, and energy sectors worldwide. This news hub provides investors and industry professionals with comprehensive updates on corporate developments, operational milestones, and strategic initiatives.
Access official press releases alongside curated analysis covering earnings reports, product innovations, and strategic partnerships. Our repository ensures timely access to critical updates influencing FSTR's market position and industry leadership in rail technologies and construction materials.
Key content includes announcements related to infrastructure projects, manufacturing advancements, and safety initiatives. Bookmark this page for streamlined tracking of FSTR's contributions to global engineering challenges and evolving market strategies.
L.B. Foster (Nasdaq: FSTR) has scheduled its first quarter 2025 earnings release and conference call. The company will announce results before market opening on May 6, 2025, followed by a conference call at 11:00 A.M. Eastern Time.
Key details:
- Earnings release: Pre-market on May 6, 2025
- Conference call: 11:00 A.M. Eastern Time
- Presentation: Available on company website post-earnings release
- Webcast: Live through investor relations page
- Replay available until May 13, 2025
Founded in 1902, L.B. Foster serves as a global technology solutions provider for rail and infrastructure markets. The company focuses on innovative engineering and product development, addressing safety, reliability, and performance needs. It maintains presence across North America, South America, Europe, and Asia.
L.B. Foster Company (FSTR) has announced its upcoming virtual presentation at the Sidoti Small Cap Virtual Conference on March 20, 2025, at 2:30 PM EST. The presentation will feature John Kasel, President and CEO, alongside Bill Thalman, Executive VP and CFO.
Presentation materials will be available on the company's Investor Relations website under 'Presentations' on the morning of the conference. A video webcast registration link will be accessible through www.lbfoster.com's Investor Relations page, with replay available for 90 days following the event.
Founded in 1902, L.B. Foster is a global technology solutions provider specializing in engineered, manufactured products and services for infrastructure development, with operations across North America, South America, Europe, and Asia.
L.B. Foster Company (FSTR) reported its Q4 and full-year 2024 results, showing improved profitability despite lower sales. Q4 net sales decreased 5.0% to $128.2 million, with a net loss of $0.3 million. The company demonstrated strong cash management, generating $24.3 million in Q4 operating cash flow and reducing total debt by $21.6 million to $46.9 million.
Key highlights include improved gross margins of 100 and 160 basis points in Q4 and full-year respectively, and adjusted EBITDA of $7.2 million in Q4, up 18.7% year-over-year. The Rail segment showed robust growth with sales up 14.2%, while Infrastructure results were weaker with sales down 25.2%.
The Board approved a new $40 million stock repurchase program over three years through February 2028. For 2025, the company projects net sales of $540-580 million, adjusted EBITDA of $42-48 million, and free cash flow of $20-30 million.
L.B. Foster Company (FSTR) has announced it will release its fourth quarter and full year 2024 operating results before market opening on Tuesday, March 4, 2025. The company will host a conference call at 11:00 A.M. Eastern Time to discuss operating results, market outlook, and business developments.
A presentation will be available on the company's Investor Relations website following the earnings release. The conference call will include a webcast and Q&A session, with replay available through March 11, 2025. Participants are advised to register 10 minutes before the event start time.
L.B. Foster Company (NASDAQ: FSTR) has announced its participation in Singular Research's Best of the Uncovereds Conference at the Marriott Marquis hotel in San Francisco. John Kasel, President and CEO, and Bill Thalman, Executive Vice President and CFO, will deliver a presentation on December 12, 2024, at 8:30 AM (PST).
Presentation materials will be available on the Company's Investor Relations website under 'Presentations' on the morning of the conference. A video webcast and replay will be accessible through the company's website, with the replay remaining available for 30 days following the event.
L.B. Foster reported strong Q3 2024 results with highest quarterly gross margin of 23.8% in over ten years, despite lower net sales of $137.5 million. Net income increased to $35.9 million, primarily due to a $30.0 million tax valuation allowance adjustment. Adjusted EBITDA grew 16.4% to $12.3 million. Cash from operations was $24.7 million, with net debt reduced by $17.7 million during the quarter. The company repurchased 126,688 shares and updated its 2024 guidance with improved free cash flow outlook.
L.B. Foster Company (NASDAQ: FSTR) has announced it will release its third quarter 2024 results before market opening on Thursday, November 7, 2024. The company will host a conference call at 11:00 A.M. Eastern Time to discuss operating results, market outlook, and business developments. A presentation will be available on the company's website under the Investor Relations page after the earnings release. The conference call will include a webcast and Q&A session, with replay available through November 14, 2024.
L.B. Foster Company (NASDAQ: FSTR) has announced its participation in the Singular Research Autumn Equinox 2024 Webinar on September 11, 2024. John Kasel, President and CEO, and Bill Thalman, Executive VP and CFO, will present at 9:00 AM EST. Presentation materials will be available on the company's Investor Relations website under 'Presentations' on the day of the conference.
A video webcast and replay will be accessible online, with registration available on L.B. Foster's website. The replay will remain available for 30 days. Founded in 1902, L.B. Foster is a global technology solutions provider specializing in engineered products and services for infrastructure. The company operates in North America, South America, Europe, and Asia.
L.B. Foster Company (NASDAQ: FSTR) announced that John Kasel, President and CEO, and Bill Thalman, EVP and CFO, will present at two upcoming investor conferences. They will appear virtually at the Sidoti Micro Cap Virtual Conference on August 14, 2024 at 11:30 AM EDT, and in-person at the Three Part Advisors’ Midwest IDEAS Conference on August 29, 2024 at 3:30 PM CDT in Chicago, IL.
Presentation materials will be posted on the Company’s Investor Relations website the morning of each conference. Video webcasts and replays will also be available online for 90 days post-event. For more information, visit www.lbfoster.com.
L.B. Foster reported softer Q2 results following a strong Q1. Net sales were $140.8M, down 4.9% YoY, but up 13.3% sequentially. Gross profit was $30.5M, down 5.4% YoY, with margins flat at 21.7%. Net income fell 19.4% to $2.8M. Adjusted EBITDA dropped 23.8% to $8.1M. Net debt decreased to $83.2M. New orders were $171M, down 6.9% YoY, but up 29.2% sequentially. The backlog fell 13.9% to $249.8M. 2024 guidance was revised due to uncertain market conditions, with net sales now expected between $525M-$550M, adjusted EBITDA between $34M-$37M, and free cash flow breakeven. The stock repurchase program was modified to increase flexibility, with $11M remaining. Enterprise restructuring continues, expected to save $4.5M annually by 2025. Operating income dropped 29.1% to $4.5M due to lower sales and margins in the Rail segment. CEO John Kasel highlighted near-term headwinds but remains focused on long-term growth.
FAQ
What is the current stock price of L B Foster (FSTR)?
What is the market cap of L B Foster (FSTR)?
