L.B. Foster pany(FSTR) - 2024 Q3 - Quarterly Results

Exhibit 99.1 BFoster News Release L.B. Foster Company Continues to Deliver on its Strategy Reporting Strong Growth in Profitability and Cash Generation in Third Quarter Results 1 1 1 • Third quarter gross margin was 23.8%, the highest quarterly level achieved in over ten years, on lower net sales of $137.5 million, demonstrating improved portfolio profitability and strategic execution. • Third quarter net income of $35.9 million was up $35.5 million over the prior year, due primarily to a favorable $30.0 mi ...