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L.B. Foster: Q1 Earnings Snapshot

L.B. Foster: Q1 Earnings Snapshot

By AP News
Published - May 09, 2023, 08:15 AM ET
Last Updated - Jun 21, 2023, 09:37 PM EDT

PITTSBURGH (AP) — PITTSBURGH (AP) — L.B. Foster Co. (FSTR) on Tuesday reported a loss of $2.2 million in its first quarter.

The Pittsburgh-based company said it had a loss of 20 cents per share. Losses, adjusted for non-recurring costs, were 5 cents per share.

The railroad track manufacturer posted revenue of $115.5 million in the period.

L.B. Foster expects full-year revenue in the range of $520 million to $550 million.

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