More on L.B. Foster's Q4

|About: L.B. Foster Company (FSTR)|By:, SA News Editor

L.B. Foster (FSTR -0.7%) reports bookings fell 0.3% to $114.7M in Q4.

Segment sales: Rail products and services: $76.45M (-16.5%); Construction: $38.49M (-35.6%); Tubular and energy services: $24.19M (+145.1%).

Adjusted gross margin rate declined 110 bps to 21.5%.

EBITDA increased 3.2% to $13.43M.

Q12016 Guidance: Net sales: ~$130M; EBITDA: ~$7M; Diluted EPS: $0.05 to $0.10.

FY2016 Guidance: Net sales: $610M to $640M; Global Rail segment sales: flat to -5%; Construction segment sales: flat to +5%; EBITDA: $48M to $52M; Diluted EPS: $1 to $1.4.

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