FreightCar America (RAIL) Reports Q4 Loss of $0.37/sh

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Go back to FreightCar America (RAIL) Reports Q4 Loss of $0.37/sh

FreightCar America, Inc. Reports Fourth Quarter and Full Year 2022 Results

March 27, 2023 4:15 PM EDT

Fiscal year 2022 revenue up 80%, generating $11.5 million of cash from operations

Expects continued momentum and growth in fiscal 2023

Provides revenue, deliveries and Adjusted EBITDA guidance for 2023

CHICAGO, March 27, 2023 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) (FreightCar America or the Company), a diversified manufacturer of railroad freight cars, today reported results for the fourth quarter and full year ended December 31, 2022.

Fiscal Year 2022 Highlights

Revenues of $364.8 million, up 79.6% year-over-year, on... More