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Stock impact report

FreightCar America, Inc. Reports First Quarter 2018 Results

Freightcar America, Inc. (RAIL) 
Last freightcar america, inc. earnings: 2/26 08:06 pm Check Earnings Report
US:NASDAQ Investor Relations: freightcaramerica.com
Company Research Source: GlobeNewswire
CHICAGO, May 02, 2018 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ:RAIL) today reported results for the first quarter ended March 31, 2018. Financial Highlights First quarter revenue of $83.0 million on deliveries of 1,094 unitsFirst quarter net loss of $6.4 million, or $0.51 per diluted shareTotal cash, cash equivalents, marketable securities and restricted certificates of deposit of $123.0 million at March 31, 2018Backlog totaling 2,054 railcars at an aggregate value of approximately $143 millionCompleted acquisition of Navistar, Inc.’s railcar operations at Shoals facility during the quarterFull-year 2018 delivery outlook raised and now expected to range between 4,000 and 4,300 railcars “The first quarter marked a step in the right direction for FreightCar America,” said Jim Meyer, President and Chief Executive Officer. “Last quarter, we introduced our ‘Back to Basics’ operational excellence initiative rooted in manufacturing best practices, meaningful efficiency impro Show less Read more
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