---
schema_version: "secwatch.filing_event.v1"
accession: "0000352825-22-000062"
form_type: "8-K"
ticker: "FSTR"
cik: "0000352825"
company_name: "FOSTER L B CO"
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T04:41:05.579329+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# L.B. Foster Q3 net loss $2.1M; adjusted EBITDA up 110.8% to $9.3M, backlog at 5-year high

## Summary
- Net loss of $2.1M ($0.20 per diluted share) vs prior-year income of $2.3M ($0.22).
- Adjusted EBITDA $9.3M up 110.8% YoY; organic sales growth 8.7%, adjusted 11.8% for nonroutine items.
- Backlog $272.8M at quarter end, a 5-year high, up 17.7% YoY; new orders $137.3M.
- Completed acquisitions of Intelligent Video and VanHooseCo; divested Track Components; net debt $94.0M, leverage 4.7x.
- Gross margin adjusted to 20.8% up 370bps; Crossrail settlement reduced sales by $4.0M and gross profit by 240bps.

## SEC filing metadata
- accession: 0000352825-22-000062
- form_type: 8-K
- ticker: FSTR
- cik: 0000352825
- company_name: FOSTER L B CO
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/352825/000035282522000062/0000352825-22-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/352825/000035282522000062/fstr-20221108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000352825-22-000062
- JSON: https://secwatch.observer/filing/0000352825-22-000062.json
- Plain text: https://secwatch.observer/filing/0000352825-22-000062.txt

## Key facts
- Earnings Releases
  FOSTER L B CO reported financial results for third quarter ended September 30, 2022.
  - Period: third quarter ended September 30, 2022
  - Result: reported results
  source text: On November 8, 2022, L.B. Foster Company (“Company”) issued a press release announcing the Company’s results of operations for the third quarter ended September 30, 2022. A copy of that press release is furnished with this report as Exhibit 99.1.
  evidence_url: https://www.sec.gov/Archives/edgar/data/352825/000035282522000062/0000352825-22-000062-index.htm

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