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L.B. Foster pany(FSTR) - 2023 Q4 - Annual Report
2024-03-06 21:04
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2023 Or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 0-10436 L.B. FOSTER COMPANY (Exact name of registrant as specified in its charter) Pennsylvania 25-1324733 (State of Incorporation) (I.R. ...
L.B. Foster (FSTR) Q4 Earnings Lag Estimates, Revenues Beat
Zacks Investment Research· 2024-03-06 12:56
L.B. Foster Company (FSTR) logged fourth-quarter 2023 loss of 4 cents per share, narrower than the year-ago quarter's loss of $4.09 per share. The figure was wider than the Zacks Consensus Estimate of a loss of 3 cents.The company recorded revenues of $134.9 million for the quarter, down around 2% year over year. It surpassed the Zacks Consensus Estimate of $127.7 million. Net sales rose 7.7% organically and fell 9.4% due to divestitures.New orders were $105.5 million in the reported quarter, down around 23 ...
L.B. Foster pany(FSTR) - 2023 Q4 - Earnings Call Transcript
2024-03-05 22:44
Some statements we are making are forward-looking and represent our current view of our markets and business today. These forward-looking statements reflect our opinions only as of the date of this presentation and we undertake no obligation to revise or publicly release the results of any revisions to these statements in light of new information, except as required by securities laws. For more detailed risks, uncertainties and assumptions relating to our forward-looking statements, please see the disclosur ...
L.B. Foster Exceeds 2023 Guidance; Delivers Strong Cash Flow, Improves Leverage, and Returns Capital to Shareholders; Establishes 2024 Guidance and Reiterates 2025 Goals Aligned with Strategic Transformation
Newsfilter· 2024-03-05 13:00
Full year 2023 net sales of $543.7 million up 9.3% over prior year (up 11.7% organically) and $3.7 million above the upper end of guidance range; gross margins expanded 270 basis points to 20.7%.Fourth quarter net sales of $134.9 million down 1.7% from prior year quarter (up 7.7% organically1); gross margins expanded 200 basis points to 21.5%.Full year 2023 net cash flow from operations of $37.4 million was favorable $48.0 million over 2022, with free cash flow1 totaling $33.0 million and $2.3 million in st ...
L.B. Foster pany(FSTR) - 2023 Q4 - Annual Results
2024-03-04 16:00
Exhibit 99.1 News Release L.B. Foster Exceeds 2023 Guidance; Delivers Strong Cash Flow, Improves Leverage, and Returns Capital to Shareholders; Establishes 2024 Guidance and Reiterates 2025 Goals Aligned with Strategic Transformation PITTSBURGH, PA, March 5, 2024 – L.B. Foster Company (NASDAQ: FSTR), a global technology solutions provider of products and services for the rail and infrastructure markets (the "Company"), today reported its 2023 fourth quarter and full year operating results. CEO Comments John ...
L.B. Foster pany(FSTR) - 2023 Q3 - Earnings Call Transcript
2023-11-07 20:34
Thanks, Stephanie, and hello, everyone. Thanks for joining us today for our third quarter earnings call. As you can see on Slide 5 of our presentation materials, the improved growth and profitability profile of our business driven by strategic transformation, continued to gain momentum during the third quarter. You'll recall that we previously announced the exit of the Bridge Grid deck product line, which is included within our Steel Products & Measurement segment. In addition, we recorded a $900,000 provis ...
L.B. Foster pany(FSTR) - 2023 Q3 - Quarterly Report
2023-11-06 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended September 30, 2023 Or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 (Exact name of registrant as specified in its charter) Pennsylvania 25-1324733 (State of Incorporation) (I. R. S. Employer Identification No.) 415 Holiday Drive, Suite 100, Pittsburgh, Pe ...
L.B. Foster pany(FSTR) - 2023 Q2 - Earnings Call Presentation
2023-08-13 12:29
L.B. Foster Company Q2 2023 Earnings Presentation Nasdaq -FSTR August 8, 2023 Safe Harbor Disclaimer | --- ...
L.B. Foster pany(FSTR) - 2023 Q2 - Earnings Call Transcript
2023-08-11 22:05
William Thalman John Kasel Brett Kearney And your latest, I guess, estimation on anything that could still come out of Congress in terms of rail safety? Or I guess just general, even outside of that trend you're seeing from customers on that piece of the portfolio? Okay. First of all, shout out to Stephanie here. Stephanie Schmidt, formally Stephanie Listwak, that has put together these materials with the team here. She's done a fantastic job. So thanks, Stephanie, for all the work you do. You make our jobs ...
L.B. Foster pany(FSTR) - 2023 Q2 - Quarterly Report
2023-08-07 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended June 30, 2023 Or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to Commission File Number: 000-10436 L.B. Foster Company (Exact name of registrant as specified in its charter) Pennsylvania 25-1324733 (State of Incorporation) ...