L.B. Foster’s net income dips in qtr.
Aug 04, 2014 | 07:04 PM
| Thorsten Schier
NEW YORK L.B. Foster Co.s net income dipped 5.9 percent in the second quarter due in part to an unexpected one-time charge of $4.6 million.
The Pittsburgh-based company, which sells infrastructure products to the rail, construction and energy sectors, saw net income fall to $6.9 million for the three months ended June 30 from $7.3 million in the same period last year despite sales that increased 11.3 percent to $166.8 million from $149.9 million.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.