L.B. Foster Co. - Ordinary Shares - Class A

NASDAQ:FSTR  
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Other Pre-Announcement

L.B. Foster Reports First Quarter Operating Results

Published: 05/03/2021 21:00 GMT
L.B. Foster Co. - Ordinary Shares - Class A (FSTR) - Lb Foster Reports First Quarter Operating Results.
Q1 Loss per Share $0.12 From Continuing Operations.
Q1 Sales Fell 4.8 Percent to $116.1 Million.
Q1 New Orders Were $135.6 Million, Up $4.8 Million, Or 3.7%.
Backlog Stood at $271.9 Million As of March 31, 2021, an Increase of $23.7 Million From December 31.
Expects Its Overall Results to Improve Sequentially.
Coatings and Measurement Business Line is Expected to Remain Weak, and Still Poses a Significant Challenge.
Q2 Sales Are Expected to Increase Sequentially by 20.0% Or More.