FreightCar America, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 09, 2023 at 04:33 pm EDT
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FreightCar America, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 81 million compared to USD 93.24 million a year ago. Net loss was USD 5.04 million compared to USD 25.85 million a year ago.
Basic loss per share from continuing operations was USD 0.19 compared to USD 1.11 a year ago. Diluted loss per share from continuing operations was USD 0.19 compared to USD 1.11 a year ago.
FreightCar America, Inc. is a diversified manufacturer of railcars and railcar components. The Company designs and manufactures a broad variety of railcar types for transportation of bulk commodities and containerized freight products primarily in North America, including box cars, open top hoppers, covered hoppers, and gondolas along with intermodal and non-intermodal flat cars. The Company offers Versaflood II, open top hoppers in all steel and hybrid configurations (aluminum/stainless steel) with a patented automatic door system; 52 and 66 mill gondolas in multiple cubic capacities; rotary and non-rotary aggregate gondolas; triple hoppers in all steel and hybrid configurations; intermodal flats (including single unit, 2 unit and 3 unit, 53 well cars) and non-intermodal flat cars including 64 - 89 length for general purpose, steel slab (hot and cold), and bulkhead flats. It offers covered hopper railcar product offerings encompass a wide range of cubic foot (CF) capacity designs.
FREIGHTCAR AMERICA, INC. 
