L.B. Foster Company reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 134.88 million compared to USD 137.17 million a year ago. Net loss was USD 0.43 million compared to USD 43.93 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 4.09 a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to USD 4.09 a year ago.
For the full year, revenue was USD 543.74 million compared to USD 497.5 million a year ago. Net income was USD 1.46 million compared to net loss of USD 45.56 million a year ago. Basic earnings per share from continuing operations was USD 0.14 compared to basic loss per share from continuing operations of USD 4.25 a year ago. Diluted earnings per share from continuing operations was USD 0.13 compared to diluted loss per share from continuing operations of USD 4.25 a year ago.