DA Davidson Downgrades L.B. Foster (FSTR) to Neutral
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L.B. Foster Reports First Quarter Operating Results
May 3, 2016 4:07 PM EDTPITTSBURGH, May 03, 2016 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), a leading manufacturer, fabricator, and distributor of products and services for rail, construction, energy and utility markets, today reported financial results for its first quarter ended March 31, 2016.
First Quarter Highlights
Sales of $126.3 million, a decrease of 8.4% from the prior year quarterGross profit margin was 19.0% compared to 22.2% in the prior year quarterEBITDA1Â was $4.0 million compared to $12.0 million in the prior year... More