L.B. Foster Q1 net loss $2.1M; sales down 21.3%; maintains 2025 guidance

FOSTER L B CO

2025-Q1 EPS reported -$0.20 revenue$97,792,000

Net sales $97.8M vs $124.3M in Q1 2024; net loss of $2.1M vs income of $4.4M.
Adj EBITDA $1.8M, down 69.3% from $5.9M; Rail segment sales fell 34.6%.
Infrastructure sales up 5.0% driven by 33.7% Precast Concrete growth.
Backlog rose 27.6% to $237.2M; new orders up 12.6% to $149.1M.
Maintains FY2025 guidance: sales $540-580M, adj EBITDA $42-48M; bought 168,911 shares.

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