Loading…
Loading…
CHICAGO, Aug. 19, 2026 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) (“FreightCar America” or the “Company”), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today announced that senior management will present and host one-on-one meetings with investors at the Midwest IDEAS Conference, taking place on August 27, 2026 in Chicago. Nick Randall, Chief Executive Officer, and Michael Riordan, Chief Financial Officer, will begin the presentation at 2:40 PM CT on August 27th, and will also host one-on-ones with investors throughout the day.
Arrowstreet Capital Limited Partnership reduced its position in Freightcar America, Inc. (NASDAQ: RAIL) by 34.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 230,801 shares of the transportation company's stock after selling 118,837 shares during the period. Arrowstreet
Freightcar America (NASDAQ: RAIL) reported second-quarter results marked by strong order intake and backlog growth, but lowered its 2026 delivery, revenue and adjusted EBITDA outlook after a planned production ramp began later than expected. President and Chief Executive Officer Nicholas Randall said customer demand had been deferred rather than canceled, with some railcars previously expected to
CHICAGO, Aug. 05, 2026 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) (the “Company” or “FreightCar”) announced today that its Board of Directors (the “Board”) has adopted a limited duration stockholder rights plan (the “Rights Plan”) to protect the best interests of all FreightCar America, Inc. stockholders. The Rights Plan is intended to replace the Company's existing limited duration rights plan, which expires on August 5, 2026.
FreightCar America, Inc. (RAIL) Q2 2026 Earnings Call Transcript
Freightcar America NASDAQ: RAIL reported second-quarter results marked by strong order intake and backlog growth, but lowered its 2026 delivery, revenue and adjusted EBITDA outlook after a planned production ramp began later than expected.
Exceptional Order Intake and Increasing Market Share Drive Sequential Backlog Growth of 121% Aftermarket Revenue Growth of 13% Year over Year; Second Aftermarket Acquisition Completed Following Quarter End Operating Cash Flow of $12.1 Million and Free Cash Flow of $11.3 Million, Up 43% Year over Year CHICAGO, Aug. 03, 2026 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) (“FreightCar America” or the “Company”), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today reported results for the second quarter ended June 30, 2026. Second Quarter 2026 Highlights Revenues of $113.1 million, compared to $118.6 million in the second quarter of 2025, with railcar deliveries of 927 units compared to 939 units in the prior year period Aftermarket revenues grew 13% year over year, reflecting continued organic growth in parts and components and the contribution from our recent acquisition Gross margin of 5.5% with gross profit of $6.2 million, inclusive of $2.2 million of workforce realignment costs, compared to gross margin of 15.0% with gross profit of $17.8 million in the second quarter of 2025 Recorded a $24.9 million non-cash loss related to share price appreciation accounting on the warrant liability, resulting in a net loss of $30.1 million, or $(0.94) per diluted share, and adjusted net loss of $0.8 million, or $(0.02) per diluted share, compared to adjusted net income of $3.8 million, or $0.11 per diluted share, in the prior year period Holder exercised outstanding warrants during the quarter, reducing the warrant liability to $14.0 million at June 30, 2026 from $119.4 million at March 31, 2026 and resulting in positive stockholders' equity of $36.2 million Adjusted EBITDA of $1.2 million, representing a margin of 1.0%, compared to $9.3 million and a margin of 7.8% in the second quarter of 2025 Ended the quarter with a backlog of 3,972 units valued at $344 million, reflecting a diversified mix of new railcar builds, conversions and retrofits “Our second-quarter results reflect two different realities,” said Nick Randall, President and Chief Executive Officer of FreightCar America.
CHICAGO, July 22, 2026 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL), a diversified manufacturer of railroad freight cars, today announced that it will release its second quarter 2026 financial results on Monday, August 3, 2026, after the market close, and host a teleconference to discuss its second quarter 2026 results on the following day. Teleconference details are as follows: August 4, 2026 11:00 a.m.