L.b. foster reports second quarter operating results

Pittsburgh, aug. 09, 2022 (globe newswire) --  l.b. foster company (nasdaq: fstr), a global solutions provider of products and services for the rail and infrastructure markets (the "company"), today reported its 2022 second quarter operating results, which included the following performance highlights. the company divested its piling products division ("piling") in september 2021, and this release reflects certain adjustments related to piling, as appropriate. in addition, the company completed the acquisitions of skratch enterprises ltd. (“skratch”) and intelligent video ltd. ("iv") on june 21, 2022 and july 6, 2022, respectively, and the divestiture of its rail spikes and anchors track components business ("track components") on august 1, 2022. the impact of the skratch acquisition is included the company's second quarter financial information.
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