16.08.2021 14:00:54

FreightCar America Q2 Loss Sharply Narrows; Boost FY21 Delivery Outlook - Quick Facts

(RTTNews) - FreightCar America, Inc. (RAIL) reported Monday that second-quarter net loss attributable to the company sharply narrowed to $2.57 million or $0.13 per share from $12.79 million or $0.97 per share in the prior-year quarter.

Consolidated revenues more than doubled to $37.35 million from $17.46 million in the same quarter last year.

Looking ahead to fiscal 2021, the company also raised its delivery outlook to a range of 1,750 to 1,850 railcars from its initial expectations of between 1,600 and 1,750 railcars.

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FreightCar America Inc. 8,70 -3,87% FreightCar America Inc.