Reported 2 days ago
FreightCar America, Inc. (NASDAQ:RAIL) is focusing on growth by investing in tank car capabilities to enhance its cost position and long-term value. Despite a decline in Q2 revenues to $118.6 million and railcar deliveries dropping to 939 units, the company reported strong order intake and productive operational improvements. For the full year, it anticipates a slight revenue growth of 0.6% and adjusted EBITDA between $43 and $49 million.
Source: YAHOO