L.B. Foster Q4 net loss $43.9M on $37.9M tax allowance; adj EBITDA up 133%; guides 2023 sales $540-570M

FOSTER L B CO

Q4 net sales $137.2M (+21.4% YoY); net loss $43.9M ($4.09/diluted) includes $37.9M deferred tax valuation allowance and $8.0M impairment.
Q4 adjusted EBITDA $7.5M (+132.6% YoY); full year adj EBITDA $24.2M (+29.4%).
2023 guidance: net sales $540-570M, adjusted EBITDA $27-31M.
Board authorized $15M stock buyback through Feb 2026, limited to $5M per trailing 12 months.
Backlog $272.3M near all-time high; Q4 new orders $137.8M (+44.8% YoY).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.