FreightCar America (RAIL) Reports Q1 Revenue of $148.6M

Go back to FreightCar America (RAIL) Reports Q1 Revenue of $148.6M

FreightCar America, Inc. Reports First Quarter 2016 Results

May 2, 2016 5:30 PM EDT

Highlights

Revenue of $148.6 million on deliveries of 1,609 units Net income of $12.7 million, or $1.03 per diluted share First quarter net income included after-tax gain on settlement of retiree benefits litigation of $9.2 million, or $0.75 per diluted share Diversified backlog totaling 7,735 railcars valued at $759 million

CHICAGO--(BUSINESS WIRE)-- FreightCar America, Inc. (NASDAQ: RAIL) today reported results for the first quarter ended March 31, 2016, with net income of $12.7 million, or $1.03 per diluted share, compared to a net loss... More