L.B. Foster FY26 Q2 net income rises 7.9% to $3.11 million; net sales fall 3.5% to $138.55 million

Reuters2026/08/10 11:31

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L.B. Foster posted Q2 net income of 3.11 million, up 7.9% year over year, as net sales fell 3.5% to 138.55 million.
Operating income dropped 19.9% to 6.15 million; gross margin widened 0.8 percentage point to 22.3%.
Operating cash flow jumped 71.7% to 17.86 million, cutting total debt 41.2% year over year to 47.99 million.
Backlog rose 17.4% sequentially to 246.11 million, while new orders edged up 0.2% year over year to 176.08 million.
Reaffirmed full-year 2026 guidance for net sales of 540 million-580 million, adjusted EBITDA (non-GAAP) of 41 million-46 million, free cash flow (non-GAAP) of 15 million-25 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. L.B. Foster Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608100730PRIMZONEFULLFEED9805716) on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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L.B. Foster FY26 Q2 net income rises 7.9% to $3.11 million; net sales fall 3.5% to $138.55 million

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