Wabtec Reports 4Q Results, Including Strong Cash Flow; Issues 2019 Financial Guidance
Westinghouse Air Brake Technologies Corporation (WAB)
Last westinghouse air brake technologies corporation earnings: 2/18 06:58 am
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Source: GlobeNewswire
WILMERDING, Pa., Feb. 25, 2019 (GLOBE NEWSWIRE) -- Wabtec Corporation (NYSE: WAB) today reported results for its 2018 fourth quarter, including strong cash flow, and issued 2019 financial guidance. The company also announced the completion of its merger with GE Transportation today, and said it has been notified that it will now be included in the S&P 500 Index. Raymond T. Betler, Wabtec’s president and chief executive officer, said: “We are pleased that we finished the year as we expected and generated very strong cash flow from operations in the fourth quarter. The rebound in the freight cycle continued to drive revenue growth in our Freight Segment, and we saw strong sales growth in our Transit Segment. Heading into 2019, we expect to see revenue growth in both segments, as we continue to focus on driving margin expansion and cash generation. “With the completion of our merger with GE Transportation, we are confident the company will drive improved growth and performance in 2
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WAB
Earnings
- 4/24/24 - Beat
WAB
Sec Filings
- 4/25/24 - Form 144
- 4/25/24 - Form 144
- 4/25/24 - Form 144
- WAB's page on the SEC website