FreightCar America, Inc. Reports Third Quarter 2024 Results
Freightcar America, Inc. (RAIL)
Last freightcar america, inc. earnings: 2/26 08:06 pm
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freightcaramerica.com
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Source: GlobeNewswire
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 to gross margin of 14.9% with gross profit of $9.2 million in the third quarter of 2023Net loss of ($107.0) million, or ($3.57) per share and Adjusted net income of $7.3 million, or $0.08 per share, driven by a ($110.0) million non-cash loss on warrant liability due to a significant appreciation i
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News
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- FreightCar America, Inc. (NASDAQ: RAIL) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
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- FreightCar America Inc (RAIL) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and ... [Yahoo! Finance]Yahoo! Finance
RAIL
Earnings
- 11/12/24 - Beat
RAIL
Sec Filings
- 11/18/24 - Form 4
- 11/12/24 - Form 8-K
- 11/12/24 - Form 10-Q
- RAIL's page on the SEC website