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Freightcar Amer Inc - RAIL STOCK NEWS

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.

Rhea-AI Summary
FreightCar America, Inc. (RAIL) reports a strong performance with a 62% increase in Gross Profit and significant margin expansion. Despite a 1.8% decline in revenues, the company achieved a Gross margin of 11.7% in fiscal year 2023. Adjusted EBITDA saw a substantial rise to $20.1 million. The company announced a change in leadership with Nick Randall set to become the new President and CEO in May 2024.
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FreightCar America, Inc. (RAIL) will release its fourth quarter and full year 2023 financial results on March 18, 2024, with a live webcast scheduled for March 19, 2024. Interested parties can join the call through the company's website or by dialing in.
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FreightCar America, a railroad freight car manufacturer (Nasdaq: RAIL), will participate in the Sidoti Micro-Cap Virtual Conference on January 17-18, 2024. President and CEO Jim Meyer and CFO Michael Riordan will present at 11:15 AM CST on January 17. The company will also conduct one-on-one meetings with investors. A live webcast will be available on the Investor Relations section of the company’s website.
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FreightCar America reports Q3 2023 results with revenues of $61.9 million, a decrease of 27.8% YoY, and gross margin of 14.9%. Net income of $3.2 million and adjusted EBITDA of $3.5 million. Updated FY23 guidance: revenue of $365-380 million, railcar deliveries of 3,150-3,300, and adjusted EBITDA of $18-22 million.
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FreightCar America, Inc. will release its Q3 2023 financial results on November 6, 2023, after the market close. The conference call and webcast will be held on November 7, 2023, at 11:00 a.m. ET.
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FreightCar America to participate in TD Cowen's Global Transportation Conference
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FreightCar America delivers strong Q2 results with significant revenue growth and gross margin expansion. Raises FY23 guidance for revenue and Adjusted EBITDA. Railcar orders and backlog remain strong.
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Freightcar Amer Inc

Nasdaq:RAIL

RAIL Rankings

RAIL Stock Data

121.87M
14.11M
26.79%
42.22%
2.18%
Railroads
Railroad Equipment
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United States
CHICAGO