Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
FreightCar America, Inc. reported fiscal year 2023 results: revenue $365 - $380 million. Guidance lowered.
- Period
- fiscal year 2023
- Revenue
- $365 - $380 million
- Guidance
- lowered
- Result
- guidance update
Exact text from the filing
The Company has updated its outlook for fiscal year 2023 as follows: Fiscal 2023 Outlook Year-over-Year Growth at Midpoint Revenue $365 - $380 million 2.3% Adjusted EBITDA $18 - $22 million 137.8% Railcar Deliveries 3,150 – 3,300 Railcars 1.3%
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
FreightCar America, Inc. reported third quarter ended September 30, 2023 results: revenue $61.9 million, net income $3.2 million, EPS ($0.03) per share. Guidance lowered.
- Period
- third quarter ended September 30, 2023
- Revenue
- $61.9 million
- Net income
- $3.2 million
- EPS
- ($0.03) per share
- Guidance
- lowered
- Result
- reported results
Exact text from the filing
FreightCar America, Inc. (NASDAQ: RAIL) (“FreightCar America” or the “Company”), a diversified manufacturer of railroad freight cars, today reported results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights • Revenues of $61.9 million on 503 railcar deliveries, a decrease of 27.8% compared to revenues of $85.7 million on 783 railcar deliveries in the third quarter of 2022 • Gross margin of 14.9% with gross profit of $9.2 million, compared to gross margin of 5.3% with gross profit of $4.6 million in the third quarter of 2022 • Net income of $3.2 million, or ($0.03) per share and Adjusted Net income of $176 thousand, or ($0.14) per share
View on SEC.gov