FreightCar America (RAIL) Misses Q3 EPS by 12c

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FreightCar America, Inc. Reports Third Quarter 2016 Results

October 31, 2016 5:00 PM EDT

Highlights

Revenues of $113.5 million on deliveries of 1,214 unitsNet income of $0.1 million, or $0.00 per diluted sharePretax restructuring charges of $1.5 million recorded in the quarterOrders for 620 railcars received during the quarterDiversified backlog totaling 5,613 railcars valued at $557 million

CHICAGO, Oct. 31, 2016 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) today reported results for the third quarter ended September 30, 2016, with net income of $0.1 million, or $0.00 per diluted share, compared to net income of $14.8 million, or $1.20 per diluted share, in the same... More