secwatch.observer — SEC 8-K summary
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Issuer:     FreightCar America, Inc. (RAIL)
CIK:        0001320854
Form:       8-K
Filed at:   2022-03-22T23:59:59+00:00
Accession:  0001171843-22-002025
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FreightCar America Q4 revenue up 24% to $75M; FY revenue +87%; raises FY2022 delivery guidance
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- Q4 2021 revenue $75.0M (+23.8% YoY); net income $1.2M ($0.06 EPS) vs. loss of $14.4M in Q4 2020.
- Full year 2021 revenue $203.1M (+87% YoY); delivered 1,731 railcars vs 751 in 2020; backlog 2,323 railcars valued at $240.2M.
- Raised FY2022 delivery guidance from 2,350-2,650 to 2,600-2,900 railcars; expects positive full-year Adjusted EBITDA.
- Gross margin positive for fifth consecutive quarter; manufacturing operating income $4.9M in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1320854/000117184322002025/0001171843-22-002025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1320854/000117184322002025/f8k_032222.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-002025

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