UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 000-51237 FREIGHTCAR AMERICA, INC. (Exact name of registrant as specified in its charter) Delaware 25-1837219 (State or other jurisdiction of incorporation or organization) (I.R.S. ...

Press Release Exhibit 99.1 FreightCar America, Inc. Reports Fourth Quarter and Full Year 2023 Results Company delivers solid results with Gross Profit up 62% on significant year-over-year margin expansion Provides revenue, deliveries and Adjusted EBITDA guidance for 2024 CHICAGO, March 18, 2024 – FreightCar America, Inc. (NASDAQ: RAIL) ("FreightCar America" or the "Company"), a diversified manufacturer of railroad freight cars, today reported results for the fourth quarter and full year ended December 31, 2 ...

FreightCar America, Inc. (NASDAQ:RAIL) Q3 2023 Earnings Conference Call November 7, 2023 11:00 AM ET Company Participants Victoria Roseman - IR Jim Meyer - President and CEO Mike Riordan - CFO Matt Tonn - Chief Commercial Officer Nick Randall - Chief Operating Officer Conference Call Participants Justin Long - Stephens Inc. Matt Elkott - TD Cowen Operator Greetings, and welcome to FreightCar America Third Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recor ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly period ended September 30, 2023 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 000-51237 FREIGHTCAR AMERICA, INC. (Exact name of registrant as specified in its charter) Delaware 25-1837219 (State or other jurisdiction of incorporation or organization) (I. ...

FreightCar America, Inc. (NASDAQ:RAIL) Q2 2023 Earnings Conference Call August 8, 2023 11:00 AM ET Company Participants Chris O’Dea - Investor Relations Jim Meyer - President and Chief Executive Officer Mike Riordan - Chief Financial Officer Matt Tonn - Chief Commercial Officer Nick Randall - Chief Operating Officer Conference Call Participants Brady Lierz - Stephens Inc Matt Elkott - TD Cowen Operator Welcome to FreightCar America’s Second Quarter 2023 Earnings Conference Call. AT this time all participant ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly period ended June 30, 2023 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 000-51237 FREIGHTCAR AMERICA, INC. (Exact name of registrant as specified in its charter) Delaware 25-1837219 (State or other jurisdiction of incorporation or organization) (I.R.S. ...

FreightCar America, Inc. (NASDAQ:RAIL) Q1 2023 Results Conference Call May 10, 2023 11:00 AM ET Company Participants Stephen Poe - IR Jim Meyer - President and CEO Mike Riordan - CFO Matt Tonn - Chief Commercial Officer Conference Call Participants Justin Long - Stephens Inc. Matt Elkott - TD Cowen Operator Greetings, and welcome to FreightCar America First Quarter Earnings Conference Call. At this time all participants are in a listen-only mode. A brief question-and-answer session will follow the formal pr ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (800) 458-2235 For the Quarterly period ended March 31, 2023 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 000-51237 FREIGHTCAR AMERICA, INC. (Exact name of registrant as specified in its charter) Delaware 25-1837219 (State or other jurisdiction of incorporation or organi ...

Financial Data and Key Metrics Changes - The company reported revenues of $364.8 million for the full year 2022, an increase of 80% year-over-year, and above the previously provided outlook [8] - Adjusted EBITDA for the full year was $8.4 million, a significant improvement of $15.7 million from a loss of $7.2 million in 2021 [8][30] - The company generated $11.5 million in operating cash flow for the full year 2022, marking the first positive cash flow since 2017, compared to a cash use of $55.4 million in 2021 [9][31] - For Q4 2022, consolidated revenues totaled $129 million, a 71.9% increase year-over-year, with railcar deliveries of 1,150, up 90.4% year-over-year [23] - The gross profit for Q4 2022 was $4.6 million, with a gross margin of 3.6%, down from 8.8% in the same period last year [24] Business Line Data and Key Metrics Changes - The company took orders for 3,208 railcars in 2022, with 1,066 booked in Q4 [18] - The backlog at the end of 2022 was 2,445 railcars valued at $288 million, with significant orders booked in Q1 2023 [19] - The company plans to expand its manufacturing capacity, expecting to have four production lines operational by late summer 2023 [13] Market Data and Key Metrics Changes - The railcar industry is showing healthy fundamentals, with railcar storage numbers below the 5-year average and retirements outpacing new deliveries for the past three years [21] - The company is cautiously optimistic about the rail industry while being more confident in its own prospects [21] Company Strategy and Development Direction - The company is focused on executing its current business, building backlog for future years, and improving its capital structure [38] - A refinancing transaction is expected to extinguish all term debt and replace it with nonconvertible preferred stock, providing additional capital for growth initiatives [14][15] - The company aims to leverage its manufacturing capabilities and dedicated workforce in Mexico for future growth [38] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding the rail industry and strong demand for its railcars [12][35] - For 2023, the company forecasts revenues between $400 million and $430 million, representing a year-over-year increase of approximately 14% [36] - Adjusted EBITDA guidance for 2023 is set between $15 million and $20 million, indicating a significant year-over-year increase [37] Other Important Information - The company plans to increase capital expenditures to approximately $11 million in 2023 to support expansion efforts [29] - The company has received AAR approval for three tank car designs, with plans to enter the nonhazardous cargo market in the future [62] Q&A Session Summary Question: Year-to-date orders and backlog implications - Management confirmed that the year-to-date orders received are significantly more than the implied 1,000 orders based on guidance [42] Question: Delivery guidance and production capacity - Management stated that the guidance is based on current production capacity and that any increase would depend on the decision to ramp up the fourth production line [44][45] Question: Adjusted EBITDA guidance and gross margin assumptions - Management emphasized a focus on EBITDA generation and operating cash flow, with expectations for margin improvement beginning in Q1 2023 [47][55] Question: Supply chain issues and their resolution - Management indicated that supply chain issues are primarily related to labor and material suppliers, with expectations for substantial improvement throughout the year [71][73] Question: Inventory reduction drivers - The inventory reduction was attributed to lower steel prices compared to the previous year, leading to a decrease in inventory costs [76]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 000-51237 FREIGHTCAR AMERICA, INC. (Exact name of registrant as specified in its charter) Delaware 25-1837219 (State or other jurisdiction of incorporation or organization) (I.R.S. ...