{"schema_version":"secwatch.filing_event.v1","accession":"0000352825-24-000071","form_type":"8-K","ticker":"FSTR","cik":"0000352825","company_name":"FOSTER L B CO","filed_at":"2024-03-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.577444+00:00","generated_at":"2026-06-05T04:19:39.287557+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 beats 2023 guidance; net sales $543.7M (+9.3%), adj EBITDA $31.8M; guides 2024 sales $525-560M","bullets":["Full year 2023 net sales $543.7M (+9.3% YoY, +11.7% organic), above guidance; gross margin expanded 270 bps to 20.7%.","Full year adjusted EBITDA $31.8M, above guidance; net income $1.3M vs loss of $45.6M in 2022; operating cash flow $37.4M.","Net debt reduced to $52.7M, leverage improved to 1.7x from 2.8x; $2.3M in stock repurchases (1.2% of outstanding).","Q4 net sales $134.9M (organic +7.7%); Q4 adjusted EBITDA $6.1M down 18.4% due to higher incentive costs and UK headwinds.","2024 guidance: net sales $525-560M, adj EBITDA $34-39M, free cash flow $12-18M; reiterated 2025 goals of ~$600M sales and $50M EBITDA."],"urls":{"canonical":"https://secwatch.observer/filing/0000352825-24-000071","json":"https://secwatch.observer/filing/0000352825-24-000071.json","markdown":"https://secwatch.observer/filing/0000352825-24-000071.md","text":"https://secwatch.observer/filing/0000352825-24-000071.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/352825/000035282524000071/0000352825-24-000071-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/352825/000035282524000071/fstr-20240305.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T04:19:39.287557+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":"b4095b2e13165c1842b2cc3f8a6d633945b9ef80","claim":"FOSTER L B CO reported financial results for fourth quarter ended December 31, 2023.","evidence_excerpt":"L.B. Foster Company (“Company”) issued a press release announcing the Company’s results of operations for the fourth quarter ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/352825/000035282524000071/0000352825-24-000071-index.htm","confidence":0.4,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ended December 31, 2023"},{"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"}