Aug. 11 at 11:34 AM
$FSTR
🚨
Net Sales: Increased by
$2.8 million, or 2.0%, over the previous year's second quarter, reaching
$143.5 million.
Gross Profit: Increased by
$0.4 million, or 1.3%, driven by higher sales and an improved business mix in the Infrastructure segment.
Operating Income: Increased significantly, by
$3.1 million, or 67.9%, compared to the prior year. This improvement was due to higher gross profit, lower selling and administrative expenses, and reduced amortization expense.
Adjusted EBITDA: Rose by
$4.2 million, or 51.4%, over the prior year.
Cash Flow: Cash provided by operating activities totaled
$10.4 million in the second quarter of 2025, a substantial increase of
$15.4 million compared to cash used in operating activities in the same period last year.
Backlog: Increased by
$20.1 million, or 8.1%, over the prior year, reaching
$269.9 million.
