Brief: L.B. Foster Reports Second Quarter Operating Results

L B Foster

04/08/2020 21:02

Aug 4 (Reuters) - L.B. Foster Co  FSTR.O :
    * L.B. FOSTER REPORTS SECOND QUARTER OPERATING RESULTS
    * Q2 EARNINGS PER SHARE $0.05
    * Q2 SALES FELL 27.5 PERCENT TO $145.8 MILLION
    * Q2 ADJUSTED EARNINGS PER SHARE $0.41
    * NEW ORDERS FOR Q2 OF 2020 WERE $138.3 MILLION, A DECLINE
OF
15.7% FROM PRIOR YEAR QUARTER
    * DURING Q2, COMPANY EXPERIENCED DISRUPTIONS IN SUPPLY
CHAINS,
DELAYS IN DELIVERIES TO CUSTOMERS
    * COMPANY ANTICIPATES CONTINUED DISRUPTION IN Q3 OF 2020 AND
POSSIBLY BEYOND
    * EXPECTS TO CONTINUE TO OPERATE UNDER ITS PANDEMIC
PROTOCOLS WITH
MINIMAL CHANGES

Source text for Eikon:  ID:nGNX3T8DHy 
Further company coverage:  FSTR.O 

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