FreightCar America (RAIL) Misses Q1 EPS by 2c; Offers FY23 Revenue Guidance

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FreightCar America, Inc. Reports First Quarter 2023 Results

May 9, 2023 4:15 PM EDT

Company reaffirms fiscal 2023 revenue, Adjusted EBITDA, and delivery outlook

Strong order intake with backlog extending into 2024

CHICAGO, May 09, 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 first quarter ended March 31, 2023.

First Quarter 2023 Highlights

Revenues of $81.0 million on deliveries of 738 railcars, compared to revenues of $129.0 million on deliveries of 1,150 railcars in the prior quarter and revenues of... More