---
schema_version: "secwatch.filing_event.v1"
accession: "0000352825-21-000063"
form_type: "8-K"
ticker: "FSTR"
cik: "0000352825"
company_name: "FOSTER L B CO"
filed_at: "2021-11-02T23:59:59+00:00"
generated_at: "2026-06-28T15:23:04.174830+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# L.B. Foster Q3 net sales up 9.9% to $130.1M; adjusted EPS falls to $0.02 from $0.09

## Summary
- Net income from continuing ops: $2.3M ($0.21 diluted), vs $16.6M ($1.56) prior year which included $15.8M tax benefit.
- Adjusted net income from cont ops: $0.2M ($0.02 diluted), down from $1.0M ($0.09) YoY.
- Adjusted EBITDA from cont ops: $4.4M, down 40.7% YoY; gross margin fell 150 bps to 17.1%.
- New orders (ex-Piling) rose 18.5% YoY to $125.6M; backlog up 9.8% to $228.9M.
- Completed divestiture of Piling Products for $33.5M, generating $2.0M net gain; net debt reduced to $26.0M.

## SEC filing metadata
- accession: 0000352825-21-000063
- form_type: 8-K
- ticker: FSTR
- cik: 0000352825
- company_name: FOSTER L B CO
- filed_at: 2021-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/352825/000035282521000063/0000352825-21-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/352825/000035282521000063/fstr-20211102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000352825-21-000063
- JSON: https://secwatch.observer/filing/0000352825-21-000063.json
- Plain text: https://secwatch.observer/filing/0000352825-21-000063.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.