L.B. Foster Announces Third Quarter Results Reflecting Strong Sales and Profitability Growth; Finishes Quarter with Lowest Debt Level in a Decade

Unless otherwise noted, all comparisons are to the third quarter of 2025. Third quarter sales increased 21.5% to $168.0 million; gross profit up $3.4 million or 10.8% Third quarter net income grew 56.5% to $6.8 million; Adjusted EBITDA 1 up 15.1% to $13.1 million First nine months sales increased 12.7% to $427.7 million; gross profit up $8.9 million or 10.8% First nine months net income grew 125.4% to $11.4 million; Adjusted EBITDA up 17.6% to $29.9 million Generated quarterly operating cash flow of $23.6 million with total debt for the quarter at $28.7 million Gross Leverage Ratio 1...