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L.B. Foster reports 24% sales growth and profit rise in Q1 2026, confirms strong full-year outlook.

Company Fundamentals
04 May 2026
GlobeNewsWire
Bullish
pluang ai news

L.B. Foster Company posted a 23.9% increase in net sales to $121.1 million and a net income of $1.5 million in Q1 2026, driven by strong demand in its Rail segment with 38.4% sales growth. EBITDA rose 183% to $5.2 million, supported by higher volumes and improved margins. Despite a 4.7% dip in new orders, backlog grew 10.7% during the quarter. The company reaffirmed its 2026 full-year guidance, expecting continued sales and profitability growth amid stable government funding and improving market conditions.

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