secwatch.observer — SEC 8-K summary
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Issuer:     FOSTER L B CO (FSTR)
CIK:        0000352825
Form:       8-K
Filed at:   2021-08-03T23:59:59+00:00
Accession:  0000352825-21-000047
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

L.B. Foster Q2 net sales up 9.2% YoY to $154.5M; net income $0.27 per diluted share
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- Q2 net sales $154.5M, +9.2% YoY (+33.1% sequentially); gross profit $26.2M, -7.0% YoY.
- Net income from continuing ops $2.9M ($0.27/diluted share) vs $7.0M ($0.66) in Q2 2020.
- Adjusted EBITDA $8.3M, -35.4% YoY; net debt $33.1M, leverage ratio 1.3x.
- Backlog $253.2M (+12.4% YoY); new orders $138.6M (+3.5% YoY).
- Rail segment sales +18.5% YoY; Infrastructure Solutions -1.3% due to Coatings & Measurement weakness.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/352825/000035282521000047/0000352825-21-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/352825/000035282521000047/fstr-20210803.htm
  HTML page:      https://secwatch.observer/filing/0000352825-21-000047

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer