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FreightCar America Inc (RAIL.OQ)

RAIL.OQ on NASDAQ Stock Exchange Global Select Market

18 May 2018
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$1.07 (+6.89%)
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Latest Key Developments (Source: Significant Developments)

FreightCar America reports Q3 loss per share of $0.94 including items
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Freightcar America Inc ::FreightCar America reports third quarter 2017 results.Q3 loss per share $0.94 including items.Q3 revenue $72 million versus i/b/e/s view $87.8 million.Q3 earnings per share view $-0.17 -- Thomson Reuters I/B/E/S.Board of directors approved suspension of company's quarterly dividend to its shareholders​.Suspension of quarterly dividend is expected to result in additional liquidity of approximately $1.1 million per quarter​.New orders for 920 railcars received during quarter​.Full year 2017 delivery range increased 300 units to between 4,600 and 4,800 railcars​.Diversified backlog totaling 3,317 railcars at September 30, 2017, valued at approximately $291 million​.Delivered 829 railcars in Q3 of 2017 compared to 1,214 railcars delivered in Q3 of 2016​.  Full Article

Freightcar America says cutting salaried workforce by 15 pct
Monday, 1 Aug 2016 

Freightcar America Inc : Freightcar america, inc. Reports second quarter 2016 results . Freightcar america inc q2 shr loss $0.04 . Targeted cost reduction plan expected to reduce annual operating costs by approximately $5.0 million . Freightcar america inc q2 revenue $126.2 mln vs $235.6 mln . Freightcar america inc q2 rev view $163.4 mln -- thomson reuters i/b/e/s . Freightcar america inc q2 shr view $0.43 -- thomson reuters i/b/e/s . Freightcar america inc - qtrly revenue of $126.2 mln on deliveries of 1,372 units . Freightcar america inc says cutting salaried workforce by 15 pct . Freightcar america inc - over next 12 months, company expects to reduce its annual operating costs by approximately $5 mln . Freightcar america inc - delivered 1,372 railcars in q2 of 2016 compared to 2,611 railcars . Freightcar america inc says to close johnstown administrative office . Freightcar america inc qtrly diversified backlog totaling 6,207 railcars valued at $612 mln . Freightcar america inc says cost reduction actions are currently underway and are expected to be completed by middle of 2017 . Freightcar america inc - company expects to incur approximately $1.5 mln of costs in q3 of 2016 as a result of cost reduction plan . Freightcar america inc - diversified backlog totaling 6,207 railcars valued at $612 mln at qtr end.  Full Article

Freightcar America extends term of credit agreement - SEC filing
Tuesday, 14 Jun 2016 

Freightcar America Inc: On June 13, entered into a first amendment to credit agreement - SEC filing .Amendment to extend term of credit agreement to July 26, 2019.  Full Article

BRIEF-Freightcar America Q1 Loss Per Share $0.51