{"schema_version":"secwatch.filing_event.v1","accession":"0000352825-23-000092","form_type":"8-K","ticker":"FSTR","cik":"0000352825","company_name":"FOSTER L B CO","filed_at":"2023-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.316297+00:00","generated_at":"2026-06-12T03:10:07.311448+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"L.B. Foster Q2 sales up 12.6%, gross margin up 410 bps; raises 2023 EBITDA guidance to $28–32M","bullets":["Q2 net sales $148.0M (+12.6% YoY); gross profit $32.3M (+38.5%); gross margin 21.8% (+410 bps).","Net income $3.5M, up $1.5M YoY; adjusted EBITDA $10.6M (7.2% of sales), up 72.9%.","New orders $183.7M (+29.9% YoY); record backlog $290.1M (+15.6% YoY).","Completed sale of prestressed concrete railroad tie business; net debt $85.6M; repurchased ~0.5% of shares.","2023 adjusted EBITDA guidance raised to $28–32M (from $27–31M); net sales guidance unchanged at $520–550M."],"urls":{"canonical":"https://secwatch.observer/filing/0000352825-23-000092","json":"https://secwatch.observer/filing/0000352825-23-000092.json","markdown":"https://secwatch.observer/filing/0000352825-23-000092.md","text":"https://secwatch.observer/filing/0000352825-23-000092.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/352825/000035282523000092/0000352825-23-000092-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/352825/000035282523000092/fstr-20230808.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T03:10:07.311448+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1b2379aacb288912161ac4441795885d2cd6de2a","claim":"FOSTER L B CO reported the second quarter ended June 30, 2023 results: revenue $148.0 million, net income $3.5 million. Guidance raised.","evidence_excerpt":"--- News Release Increasing Momentum Evident in L.B. Foster's Second Quarter Operating Results; Company Increases 2023 Profitability Guidance • Second quarter net sales of $148.0 million up 12.6% year over year (13.3% organic); gross profit of $32.3 million up 38.5% year over year, with gross margins improving 410 bps to 21.8%. • Completed sale of prestressed","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/352825/000035282523000092/0000352825-23-000092-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Revenue","value":"$148.0 million"},{"label":"Net income","value":"$3.5 million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}