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FOSTER L B CO (FSTR) filed an 8-K current report with the SEC on August 10, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q2 2026 results for quarter ended June 30, 2026, announced August 10, 2026.
FOSTER L B CO 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q2 2026 results for quarter ended June 30, 2026, announced August 10, 2026
- Press release furnished as Exhibit 99.1, containing the substantive operating and financial results
- Disclosure furnished under Item 2.02, limiting Section 18 liability and automatic incorporation into other filings
Item EX-99.1 · Exhibit EX-99.1
- Q2 sales fell 3.5% to $138.6M, but gross margin expanded 80 bps to 22.3%, showing mix and efficiency benefits
- Operating income declined 19.9% to $6.2M as selling and administrative costs rose 7.7% and Tew Exit costs reached $2.6M
- Cash flow strengthened materially: operating cash flow $17.9M, free cash flow $14.3M, and debt reduced 41.2% to $48.0M
- Rail backlog rose 8.2% year over year and 17.4% sequentially, partially offsetting Infrastructure backlog decline of 24.8%
- Full-year 2026 guidance reaffirmed: sales $540M-$580M, Adjusted EBITDA $41M-$46M, and free cash flow $15M-$25M
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