FreightCar America, Inc. Reports Second Quarter 2018 Results
Freightcar America, Inc. (RAIL)
Last freightcar america, inc. earnings: 2/26 08:06 pm
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US:NASDAQ Investor Relations:
freightcaramerica.com
Company Research
Source: GlobeNewswire
CHICAGO, Aug. 01, 2018 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) today reported results for the second quarter ended June 30, 2018. Financial Highlights Second quarter revenue of $66.7 million on deliveries of 1,185 unitsSecond quarter net loss of $2.3 million, or $0.19 per diluted shareTotal cash, cash equivalents, restricted cash equivalents, marketable securities and restricted certificates of deposit of $86.9 million at June 30, 2018, which reflects a total investment of $37.8 million in railcars built for the Company’s JAIX leasing armBacklog now totals 2,319 railcars with an aggregate value of approximately $190 millionCompleted all integration work associated with the acquisition of Navistar’s rail operations at Shoals facilityEntered into a definitive agreement to sell the Danville, IL production facility for $2.2 millionOn track to deliver original “Back to Basics” cost reduction goal early and now targeting to exit the year with a per car total cost red
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- Investors in FreightCar America (NASDAQ:RAIL) have unfortunately lost 45% over the last five years [Yahoo! Finance]Yahoo! Finance
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RAIL
Earnings
- 3/18/24 - Miss
RAIL
Sec Filings
- 4/11/24 - Form 4
- 4/5/24 - Form 8-K
- 4/4/24 - Form ARS
- RAIL's page on the SEC website