L.B. Foster Announces 2025 First Quarter Results; Maintaining 2025 Full Year Financial Guidance Driven by Strong Order Book Development

| Adjusted EBITDA | $ | 42,000 | $ | 48,000 | | --- | --- | --- | --- | --- | | Capital spending as a percent of sales | | ~2.0% | | ~2.0% | | Free cash flow | $ | 20,000 | $ | 30,000 | CEO Comments John Kasel, President and Chief Executive Officer, commented, "As mentioned in our 2024 year end earnings announcement back in March, we started 2025 with first quarter sales and profitability down versus last year. This was due to an exceptionally-strong first quarter last year for our Rail segment. Within the ...