Business

FreightCar America, Inc. Reports First Quarter 2025 Results

Gross Profit Increased 26% with Gross Margin Expanding 780 Basis Points Generates Quarterly Operating Cash Flow of $13 million and Adjusted Free Cash Flow of $12 million Strong Order Intake Supports Reaffirmed Full Year Guidance CHICAGO, May 05, 2025 (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 first quarter ended M

articleFreightcar America, Inc.May 5, 202516/company/freightcar-america-inc/news/freightcar-america-inc-reports-first-201500611
FreightCar America, Inc. Reports First Quarter 2025 Results

About this update from Freightcar America, Inc.

[{"type":"image","alt":"FreightCar America, Inc.","displaySize":"","headline":null,"caption":"FreightCar America, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":85,"url":"https://media.zenfs.com/en/globenewswire.com/a8103b98de97e1dc581fa44cd2351168"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/aoGsFOyB51D3qXtkWn7m9A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTExOTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/a8103b98de97e1dc581fa44cd2351168","width":300,"height":85}},"lazy":false},{"type":"text","content":"Gross Profit Increased 26% with Gross Margin Expanding 780 Basis Points","length":71,"tagName":"p"},{"type":"text","content":"Generates Quarterly Operating Cash Flow of $13 million and Adjusted Free Cash Flow of $12 million ","length":97,"tagName":"p"},{"type":"text","content":"Strong Order Intake Supports Reaffirmed Full Year Guidance","length":58,"tagName":"p"},{"type":"text","content":"CHICAGO, May 05, 2025 (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 first quarter ended March 31, 2025.","length":285,"tagName":"p"},{"type":"text","content":"First Quarter 2025 Highlights","length":29,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenues of $96.3 million, consistent with expectations, decreased 40.2% from $161.1 million in the first quarter of 2024, with planned railcar deliveries of 710 units compared to 1,223 units in the prior-year period","length":216,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross margin of 14.9% with gross profit of $14.4 million, compared to gross margin of 7.1% with gross profit of $11.4 million in the first quarter of 2024","length":154,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income of $50.4 million, or $1.52 per share and Adjusted net income of $1.6 million, or $0.05 per share, primarily reflecting a $52.9 million non-cash adjustment due to change in warrant liability","length":200,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA of $7.3 million, compared to Adjusted EBITDA of $6.1 million in the first quarter of 2024, up 20.5%","length":115,"tagName":"p"}]},{"val":[{"type":"text","content":"Generated Operating Cash Flow of $...

More updates from Freightcar America, Inc.

Free Cash FlowOperating Cash FlowNet incomeEBITDA