FreightCar America (RAIL) Posts Mixed Q4 Results

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Go back to FreightCar America (RAIL) Posts Mixed Q4 Results

FreightCar America, Inc. Reports Fourth Quarter and Full Year 2015 Results

February 22, 2016 6:15 PM EST

Highlights

Fourth quarter net income of $11.7 million, or $0.94 per diluted share Fourth quarter revenue of $203.3 million on deliveries of 2,464 units Reached final settlement related to retiree benefits litigation Year-end backlog totaling 9,840 railcars valued at $926 million Full year 2015 net income of $31.8 million, or $2.58 per diluted share (including the third quarter pre-tax gain on sale of the railcar repair and maintenance services business of $4.6 million, or $0.26 per diluted share, after-tax)

CHICAGO--(BUSINESS WIRE)-- FreightCar America, Inc.... More