---
schema_version: "secwatch.filing_event.v1"
accession: "0000352825-24-000105"
form_type: "8-K"
ticker: "FSTR"
cik: "0000352825"
company_name: "FOSTER L B CO"
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T21:09:35.803287+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# L.B. Foster Q1 net sales up 7.6% to $124.3M; adjusted EBITDA up 32.4%; reaffirms FY guidance

## Summary
- Net sales $124.3M (+7.6% YoY); net income $4.4M vs prior year loss; gross margin 21.1% (+90bps).
- Adjusted EBITDA $5.9M (+32.4% YoY); excludes $3.5M gain from non-core property sale.
- Net debt $74.9M (-$2.5M YoY); Gross Leverage Ratio 2.2x (-0.2x).
- Q1 new orders $132.4M (down YoY, up 25.5% sequentially); backlog $222.3M (+4.0% seq.).
- FY2024 guidance reaffirmed: sales $525M-$560M, adj. EBITDA $34M-$39M, FCF $12M-$18M.

## SEC filing metadata
- accession: 0000352825-24-000105
- form_type: 8-K
- ticker: FSTR
- cik: 0000352825
- company_name: FOSTER L B CO
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/352825/000035282524000105/0000352825-24-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/352825/000035282524000105/fstr-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000352825-24-000105
- JSON: https://secwatch.observer/filing/0000352825-24-000105.json
- Plain text: https://secwatch.observer/filing/0000352825-24-000105.txt

## Key facts
- Earnings Releases
  FOSTER L B CO updated its first quarter ended March 31, 2024 guidance (reaffirmed).
  - Period: first quarter ended March 31, 2024
  - Guidance: reaffirmed
  - Result: reported results
  source text: On May 7, 2024, L.B. Foster Company (“Company”) issued a press release announcing the Company’s results of operations for the first quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/352825/000035282524000105/0000352825-24-000105-index.htm

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