Welcome to our dedicated page for Freightcar Amer news (Ticker: RAIL), a resource for investors and traders seeking the latest updates and insights on Freightcar Amer stock.
FreightCar America Inc (NASDAQ: RAIL) delivers specialized aluminum railcar solutions for North American freight transportation. This news hub provides investors and industry professionals with timely updates on operational milestones, financial performance, and strategic initiatives from the 1901-founded manufacturer.
Access consolidated coverage of RAIL's manufacturing innovations, parts division developments, and market positioning. Our repository ensures you stay informed about critical updates including earnings disclosures, facility expansions, and leadership changes without speculative commentary.
All content reflects FreightCar America's core focus areas: advanced railcar engineering, customer-centric service models, and sustainable production practices. Discover how the company's century-old expertise influences modern freight logistics through verified reports on product launches, regulatory compliance, and supply chain partnerships.
Bookmark this page for streamlined access to essential RAIL developments. Combine historical context with real-time updates to better understand this industrial stalwart's role in shaping efficient rail transportation networks.
FreightCar America (NASDAQ: RAIL) has secured orders for 1,250 railcars valued at $141 million during Q1 2025. The orders represent 25% of all new railcars ordered in the quarter and 36% of their addressable market, marking their largest market share intake in 15 years.
The company reported strong demand across their product portfolio, particularly in gondolas, open-top hoppers, and covered hopper cars. CEO Nick Randall confirmed that their North American railcar sales are not subject to tariffs due to compliance with the United States-Mexico-Canada Agreement.
FreightCar America (NASDAQ: RAIL), a diversified manufacturer of railroad freight cars, has scheduled its first quarter 2025 financial results release for May 5, 2025, after market close. The company will host a conference call to discuss the results on May 6, 2025 at 11:00 a.m. EDT.
Investors can access the call via phone (1-877-407-0789 or 1-201-689-8562) or through a listen-only webcast at freightcaramerica.com. An audio replay will be available from 3:00 p.m. EDT on May 6 until May 20, 2025, accessible by dialing (844) 512-2921 or (412) 317-6671 with passcode 13753235.
FreightCar America (NASDAQ: RAIL) reported strong financial results for Q4 and full year 2024. Full-year revenue increased 56.2% to $559.4 million, with deliveries up 44.3% to 4,362 railcars. The company achieved a gross margin of 12.0% with gross profit of $67.0 million.
Q4 2024 highlights include revenue of $137.7 million (up 8.8% YoY), with stable railcar deliveries of 1,019 units. Net income was $34.6 million ($1.01 per share), while Adjusted EBITDA reached $13.9 million, up 113.8% YoY.
For 2025, the company projects revenue between $530-595 million, with railcar deliveries of 4,500-4,900 units and Adjusted EBITDA of $43-49 million. The company's backlog stands at 2,797 units valued at $266.5 million.
FreightCar America (NASDAQ: RAIL), a diversified manufacturer of railroad freight cars, has scheduled its fourth quarter and full year 2024 financial results release for March 12, 2025, after market close.
The company will host a conference call and webcast on March 13, 2025 at 11:00 a.m. Eastern Time. While the webcast will be listen-only, participants can join via phone by dialing (877) 407-0789 or (201) 689-8562.
An audio replay will be available from 3:00 p.m. ET on March 13 until March 27, 2025, accessible by dialing (844) 512-2921 or (412) 317-6671 with passcode 13751273.
FreightCar America (NASDAQ: RAIL) has secured a new $35 million Asset-Based Lending (ABL) credit facility with Bank of America. The facility features a maturity period of 4 years and 9 months and offers a reduced interest rate of SOFR + 175, resulting in approximately 35% lower borrowing costs compared to the previous ABL facility.
The new credit agreement aims to optimize working capital needs and enhance financial flexibility to support the company's ongoing growth and strategic initiatives. This development represents a significant step in FreightCar America's comprehensive refinancing efforts.
FreightCar America (NASDAQ: RAIL) has secured a new $115 million 4-year term loan facility to redeem all outstanding Series C Preferred Stock shares and settle accrued dividends. The new financing, completed on December 31st, 2024, is priced at SOFR + 600, resulting in a 40% reduction in the company's cost of capital.
This reduction is expected to generate savings of approximately $9.2 million in the first year, equivalent to $0.26 per share on a fully diluted basis. The strategic financial move aims to enhance the company's financial flexibility and cash flow generation while supporting its growth strategy.
FreightCar America (NASDAQ: RAIL), a manufacturer of railroad freight cars and components, has announced its participation in the Noble Capital Markets' Emerging Growth Equity Conference. The event will take place on December 3-4, 2024, in Boca Raton, Florida. Nick Randall, President and CEO, and Mike Riordan, CFO, will deliver a presentation on December 3rd at 1:30 PM CT and hold one-on-one investor meetings during both conference days. A replay of the presentation will be available on the company's investor relations website.
FreightCar America (NASDAQ: RAIL) reported strong Q3 2024 results with revenues of $113.3 million on 961 railcar deliveries, representing an 83% year-over-year increase. The company achieved a gross margin of 14.3% with gross profit of $16.2 million. Despite posting a net loss of ($107.0 million) due to a non-cash warrant liability, Adjusted EBITDA grew 211% to $10.9 million. The company ended Q3 with a backlog of 3,611 units valued at $372 million. FreightCar America raised its fiscal 2024 outlook, projecting revenue between $560-$600 million and Adjusted EBITDA of $37-$39 million.
FreightCar America (NASDAQ: RAIL), a manufacturer of railroad freight cars and components, has announced its participation in the upcoming Sidoti Micro-Cap Virtual Conference on November 13-14, 2024. Nick Randall, President and CEO, and Mike Riordan, CFO, will deliver a presentation on November 14th at 10:30 AM CT and conduct one-on-one investor meetings over both days. The presentation will be accessible via live webcast through the company's Investor Relations website under the News and Events section.
FreightCar America (NASDAQ: RAIL) has scheduled its third quarter 2024 financial results release for Tuesday, November 12, 2024, before market opening. The company will host a conference call and live webcast at 11:00 a.m. (ET) on the same day. Participants can access the event through the company's Investor Relations website or by phone. An audio replay will be available until November 26, 2024.
