other material
confidence high
sentiment neutral
materiality 0.50
L.B. Foster files amended 8-K with audited 2021 financials of acquired VanHooseCo; revenue $28.7M
FOSTER L B CO
- VanHooseCo 2021 net sales $28.7M, net income $1.35M, operating income $2.56M.
- Total assets $28.5M, including property/equipment $19.2M; long-term debt $15.1M.
- Acquisition completed Aug 12, 2022; filing provides required historical and pro forma statements.
- Deferred compensation liability $7.6M; accounts receivable $3.2M, inventory $4.8M.