L.B. Foster pany(FSTR) - 2024 Q1 - Quarterly Results
FSTRL.B. Foster pany(FSTR)2024-05-07 20:01

Exhibit 99.1 News Release Sales and Profitability Growth Drive Continuing Momentum in L.B. Foster First Quarter 2024 Results; Company Reaffirms 2024 Guidance • First quarter net sales of 124.3millionup7.6124.3 million up 7.6% year over year (up 16.9% organically1); gross profit of 26.2 million up 12.7% year over year with gross margins expanding 90 basis points ("bps") to 21.1%. • First quarter net income of 4.4millionfavorable4.4 million favorable 6.6 million year over year; first quarter adjusted EBITDA1 of $5.9 million up 32.4% year ov ...