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Company delivers 83% year-over-year revenue growth with strong gross margin Raises mid-point of full year Adjusted EBITDA guidance CHICAGO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ:RAIL) ("FreightCar America" or the "Company"), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today reported results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Revenues of $113.3 million on 961 railcar deliveries, compared to revenues of $61.9 million on 503 railcar deliveries in the third quarter of 2023, up 83% and 91% respectivelyGross margin of 14.3% with gross profit of $16.2 million, compared
CHICAGO, Oct. 28, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ:RAIL), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today announced that it will release its third quarter 2024 financial results on Tuesday, November 12, 2024 before the market opens. The conference call and live webcast will be held on Tuesday, November 12 at 11:00 a.m. (ET), and will be available on the Investor Relations page of the Company's website at https://viavid.webcasts.com/starthere.jsp?ei=1693396&tp_key=feca4932b6 or by dialing (877) 407-0789 or (201) 689-8562. It is recommended that listeners log on or dial in approximately 10 to 15 minutes prior t
Company delivers 66% year-over-year revenue growth with record profitability at new plant, raises full year guidance Secured ~3,000 orders, including first tank car conversion order CHICAGO, Aug. 12, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ:RAIL) ("FreightCar America" or the "Company"), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today reported results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Revenues of $147.4 million on 1,159 railcar deliveries, an increase of 66% compared to revenues of $88.6 million on 760 railcar deliveries in the second quarter of 2023Gross margin of 12.5% with
FreightCar America (NASDAQ:RAIL) reported quarterly earnings of $0.02 per share which beat the analyst consensus estimate of $0.01 by 100 percent. This is a 109.52 percent increase over losses of $(0.21) per share from the same period last year. The company reported quarterly sales of $161.058 million which beat the analyst consensus estimate of $149.700 million by 7.59 percent. This is a 98.84 percent increase over sales of $80.999 million the same period last year.
SC 13G/A - FreightCar America, Inc. (0001320854) (Subject)
SC 13D/A - FreightCar America, Inc. (0001320854) (Subject)
SC 13D/A - FreightCar America, Inc. (0001320854) (Subject)
Nick Randall, Chief Operating Officer to Succeed Jim Meyer as President and CEO; Jim Meyer to remain on the Board of Directors and become Executive Chairman CHICAGO, March 18, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ:RAIL), a diversified manufacturer of railroad freight cars, announced effective May 1, 2024, the appointment of Nicholas J. Randall, the Company's current Chief Operating Officer, as President and Chief Executive Officer and member of the Company's Board of Directors. Mr. Randall will succeed James R. Meyer who has been appointed as the Company's Executive Chairman of the Board of Directors. William D. Gehl, the Company's current Chairman, will remain on th
CHICAGO, May 18, 2023 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ:RAIL) ("FreightCar America" or the "Company"), a diversified manufacturer of railroad freight cars, announced today the appointment of Nicholas J. Randall as the Company's Chief Operating Officer (COO), effective June 26, 2023. Randall will report to James R. Meyer, President and Chief Executive Officer. "I am thrilled to welcome Nick to the FreightCar America team as our Chief Operating Officer. He is an accomplished business leader with deep and global experience in the heavy durable industrial and consumer industries. He brings a proven track record of growing companies by driving success through operational exc
CHICAGO, Feb. 17, 2021 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) today announced that its Board of Directors has appointed Terence R. (Terry) Rogers as Vice President, Chief Financial Officer & Treasurer, effective February 15, 2021. Mr. Rogers has been serving as Interim Chief Financial Officer since January 2021, leading all the finance activities of the Company including business planning, budgeting, forecasting, treasury and information technology. Jim Meyer, President and Chief Executive Officer, commented, “We are thrilled to have a person of Terry’s caliber join the permanent team. He is an extremely experienced financial leader and brings invaluable experience as
10-Q - FreightCar America, Inc. (0001320854) (Filer)
8-K - FreightCar America, Inc. (0001320854) (Filer)
10-Q - FreightCar America, Inc. (0001320854) (Filer)
4 - FreightCar America, Inc. (0001320854) (Issuer)
4 - FreightCar America, Inc. (0001320854) (Issuer)
4 - FreightCar America, Inc. (0001320854) (Issuer)
4 - FreightCar America, Inc. (0001320854) (Issuer)
4 - FreightCar America, Inc. (0001320854) (Issuer)
4 - FreightCar America, Inc. (0001320854) (Issuer)
Company delivers 83% year-over-year revenue growth with strong gross margin Raises mid-point of full year Adjusted EBITDA guidance CHICAGO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ:RAIL) ("FreightCar America" or the "Company"), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today reported results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Revenues of $113.3 million on 961 railcar deliveries, compared to revenues of $61.9 million on 503 railcar deliveries in the third quarter of 2023, up 83% and 91% respectivelyGross margin of 14.3% with gross profit of $16.2 million, compared
CHICAGO, Nov. 06, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ:RAIL), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today announced that the Company will present, and conduct one-on-one meetings with investors, at the Sidoti Micro-Cap Virtual Conference, on November 13-14, 2024. Nick Randall, President and Chief Executive Officer, and Mike Riordan, Chief Financial Officer, will begin the presentation at 10:30 AM CT on November 14th and conduct one-on-one investor meetings scheduled on both days. Interested parties can access a live webcast of the presentation on the Investor Relations section of the Company's website at https
CHICAGO, Oct. 28, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ:RAIL), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today announced that it will release its third quarter 2024 financial results on Tuesday, November 12, 2024 before the market opens. The conference call and live webcast will be held on Tuesday, November 12 at 11:00 a.m. (ET), and will be available on the Investor Relations page of the Company's website at https://viavid.webcasts.com/starthere.jsp?ei=1693396&tp_key=feca4932b6 or by dialing (877) 407-0789 or (201) 689-8562. It is recommended that listeners log on or dial in approximately 10 to 15 minutes prior t