L.B. Foster Q3 sales rise 21.5% to $168.0 million; net income up 55.4%
L.B. Foster reported third-quarter 2026 net sales of $168.0 million, up 21.5%, and net income attributable to the company of $6.8 million, up 55.4% from a year earlier. The company raised its full-year 2026 sales outlook to $570 million to $590 million, narrowed its Adjusted EBITDA range to $42 million to $45 million, and increased its Free Cash Flow range to $20 million to $28 million.
Key points
- Third-quarter net sales rose 21.5% to $168.0 million, while gross margin fell 200 basis points to 20.5%.
- Full-year 2026 guidance: net sales $570 million to $590 million; Adjusted EBITDA $42 million to $45 million; Free Cash Flow $20 million to $28 million.
- Total debt was $28.7 million at September 30, 2026, down from $58.7 million a year earlier.
- The company completed the Dulworth acquisition on October 28, 2026 for approximately $52.2 million; guidance assumes no material impact from it.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.