L.B. Foster reports Q3 revenue growth and raises annual guidance
FSTR L.B. Foster Co
$41.88 +5.36%
View chart & analysis → - 1L.B. Foster recorded year-over-year revenue growth across all segments and achieved its lowest debt levels in 10 years.
- 2L.B. Foster recorded a 21.5% revenue growth rate in Q3, reaching net sales of $168 million.
- 3L.B. Foster raised its annual revenue and free cash flow guidance.
So what's the key point?
L.B. Foster increased sales in all areas and left its debt at the lowest level in 10 years. The company also raised its annual expectations for revenue and cash flow.
Source The Motley Fool +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.