India, Nov. 4 -- L.B. Foster Company (FSTR), a technology solutions provider for the rail and infrastructure markets, on Wednesday reported a rise in its third-quarter earnings driven largely by higher sales. The company also raised its fiscal 2026 sales outlook.
Net income attributable to L.B. Foster climbed 55.4 percent to $6.764 million, from $4.354 million in the prior year's third quarter.
Adjusted EBITDA for the current year's third quarter was $13.075 million, up 15.1 percent.
Net sales for the third quarter rose 21.5 percent to $167.996 million, from $138.286 million last year.
Looking ahead to fiscal year 2026, L.B. Foster now expects adjusted EBITDA of $42 million - $45 million, compared to the previous outlook of $41 million ...