Earnings ·
L.B. Foster reports Q3 sales up 21.5% to $168M and net income of $6.8M
FSTRFoster L B Co
L.B. Foster Company reported third-quarter results with sales increasing 21.5% to $168.0 million and net income growing 56.5% to $6.8 million, driven by strong growth in its Rail segment. Adjusted EBITDA rose 15.1% to $13.1 million, while total debt decreased to $28.7 million, marking the lowest level in a decade. The company also announced executive officer changes effective November 1, 2026: Sara Rolli was appointed Senior Vice President - Steel Products and Operational Excellence, and Bob Ness was appointed Senior Vice President - Precast Concrete Products. L.B. Foster operates as a global technology solutions provider of products and services for the rail and infrastructure markets.