---
schema_version: "secwatch.filing_event.v1"
accession: "0000352825-24-000214"
form_type: "8-K"
ticker: "FSTR"
cik: "0000352825"
company_name: "FOSTER L B CO"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T04:02:29.983754+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# L.B. Foster Q3 gross margin 23.8%, highest in 10+ yrs; adj. EBITDA +16.4% YoY

## Summary
- Q3 gross margin 23.8% (best in over a decade) on net sales of $137.5M, down 5.4% YoY.
- Net income $35.9M (up $35.5M YoY) includes $30.0M tax valuation allowance release; adj EBITDA $12.3M (+16.4%).
- Operating cash flow $24.7M; net debt reduced $17.7M to $65.4M; gross leverage 1.9x (down from 2.7x).
- Repurchased 126,688 shares (1.2% of outstanding); $8.4M remaining under buyback authorization.
- Rail Technologies growth: Global Friction Management +21.2%, Total Track Monitoring +49.1%.

## SEC filing metadata
- accession: 0000352825-24-000214
- form_type: 8-K
- ticker: FSTR
- cik: 0000352825
- company_name: FOSTER L B CO
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/352825/000035282524000214/0000352825-24-000214-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/352825/000035282524000214/fstr-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000352825-24-000214
- JSON: https://secwatch.observer/filing/0000352825-24-000214.json
- Plain text: https://secwatch.observer/filing/0000352825-24-000214.txt

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