Financial Data and Key Metrics Changes - Consolidated revenues for Q2 2025 totaled $118.6 million, down from $147.4 million in Q2 2024, with deliveries of 939 railcars compared to 1,159 railcars a year ago [15][19] - Gross profit for Q2 2025 was $17.8 million with a gross margin of 15%, compared to a gross profit of $18.4 million and a gross margin of 12.5% in Q2 2024 [15][19] - Adjusted net income for Q2 2025 was $3.8 million or $0.11 per share, compared to $3.5 million or $0.10 per share in the same quarter last year [18][19] - Adjusted EBITDA for Q2 2025 was $10 million, down from $12.1 million in Q2 2024, but adjusted EBITDA margin expanded by 20 basis points [17][19] Business Line Data and Key Metrics Changes - The company secured 1,226 new orders in Q2 2025, valued at $107 million, contributing to a backlog of 3,624 units, up approximately 300 units from the prior quarter [7][12] - The backlog reflects a higher proportion of rebuild and conversion work, indicating strong demand for these services [8][12] - The aftermarket sales increased by almost 61%, while railcar sales fell about 26% compared to the prior year [24] Market Data and Key Metrics Changes - The industry forecast for new railcar deliveries has been revised downward for 2025, with total industry deliveries expected to fall below the previously anticipated 40,000 units per year average [9][14] - The company expects overall industry annual demand to fall within the 35,000 to 40,000 range due to over 160,000 railcars projected to reach their mandated retirement in the next four and a half years [14] Company Strategy and Development Direction - The company is investing in a tank car retrofit program to enhance manufacturing capabilities and vertical integration, expected to contribute an additional $6 million of EBITDA over the next two years [10][20] - The company aims to maintain a diversified order book and prioritize margin performance and manufacturing flexibility to navigate the moderating demand environment [14][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to capture market share and respond to evolving customer needs despite a challenging industry backdrop [9][10] - The company anticipates a steady increase in order volume in the second half of the year, supported by a healthy backlog and ongoing inquiries [12][63] Other Important Information - The company generated $8.5 million in operating cash flow, marking the fifth consecutive quarter of positive cash flow from operations [19][21] - Capital expenditures for Q2 totaled $600,000, with expectations for full-year capital expenditures in the range of $9 million to $10 million [20] Q&A Session Summary Question: Impact of productive capacity on railcar sales and expectations for Q3 and Q4 - Management clarified that production was higher than shipments in Q2 due to timing, and they expect higher deliveries in Q3 and Q4 [24][27] Question: Manufacturing segment gross margins and future expectations - Management indicated that current margins are influenced by product mix and operational productivity, with expectations for similar margins in the second half of the year [29][50] Question: Tank car retrofit program and its impact on revenue and margin - Management confirmed that the tank car retrofit program is expected to add $6 million in EBITDA over two years, with production starting in mid-2026 [36][57] Question: Effects of mergers among Class 1 rail carriers - Management noted that while it is too early to determine specific impacts, improvements in productivity and customer service in the rail industry would benefit builders [39][40] Question: Potential demand for coal-related railcars - Management acknowledged increased inquiries for extending the life of existing coal railcars, but noted it is too early to predict new car builds [44][45] Question: Long-term gross margin expectations - Management stated that gross margins are dependent on product mix and operational productivity, with no immediate concerns for a decline from current levels [48][51] Question: Tank car conversion pipeline and customer conversations - Management highlighted ongoing discussions with customers regarding conversions and new car orders, preparing for increased demand as deadlines approach [56][58]

Core Insights - Freightcar America (RAIL) reported quarterly earnings of $0.11 per share, exceeding the Zacks Consensus Estimate of $0.06 per share, and showing an increase from $0.05 per share a year ago, resulting in an earnings surprise of +83.33% [1] - The company achieved revenues of $118.62 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 8.74%, although this is a decline from year-ago revenues of $147.42 million [2] - Freightcar America shares have increased approximately 9.4% year-to-date, outperforming the S&P 500's gain of 6.1% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.23 on revenues of $197.91 million, and for the current fiscal year, it is $0.47 on revenues of $568.21 million [7] - The estimate revisions trend for Freightcar America was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Transportation - Equipment and Leasing industry, to which Freightcar America belongs, is currently in the top 30% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]

[PART I – FINANCIAL INFORMATION](index=3&type=section&id=PART%20I%20%E2%80%93%20FINANCIAL%20INFORMATION) Provides unaudited condensed consolidated financial statements and management's discussion for the period ended June 30, 2025 [Financial Statements](index=3&type=section&id=Item%201.%20Financial%20Statements) Presents FreightCar America's unaudited condensed consolidated financial statements, including balance sheets, income statements, and cash flows, with accounting policy notes [Condensed Consolidated Financial Statements](index=3&type=section&id=Condensed%20Consolidated%20Financial%20Statements) Highlights key financial figures for H1 2025, including a net income of $62.1 million, decreased revenues, and improved stockholders' deficit Condensed Consolidated Statements of Operations Highlights (Six Months Ended June 30) | Metric | 2025 (in thousands) | 2024 (in thousands) | Change | | :--- | :--- | :--- | :--- | | **Revenues** | $214,913 | $308,474 | -30.3% | | **Gross Profit** | $32,215 | $29,833 | +8.0% | | **Operating Income** | $11,578 | $17,044 | -32.1% | | **Net Income (Loss)** | $62,127 | $(3,394) | N/A | | **Diluted EPS** | $1.79 | $(0.41) | N/A | Condensed Consolidated Balance Sheet Highlights | Metric | June 30, 2025 (in thousands) | Dec 31, 2024 (in thousands) | Change | | :--- | :--- | :--- | :--- | | **Total Current Assets** | $204,024 | $145,031 | +40.7% | | **Total Assets** | $328,093 | $224,216 | +46.3% | | **Total Liabilities** | $411,555 | $374,489 | +9.9% | | **Total Stockholders' Deficit** | $(83,462) | $(150,273) | +44.5% | Condensed Consolidated Statements of Cash Flows Highlights (Six Months Ended June 30) | Metric | 2025 (in thousands) | 2024 (in thousands) | | :--- | :--- | :--- | | **Net cash provided by operating activities** | $21,322 | $31,875 | | **Net cash used in investing activities** | $(353) | $(2,269) | | **Net cash used in financing activities** | $(4,066) | $(30,796) | | **Net increase (decrease) in cash** | $16,903 | $(1,190) | [Notes to Condensed Consolidated Financial Statements](index=9&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) Details accounting policies, revenue disaggregation, segment performance, new debt facilities, warrant liability impact, and a significant income tax benefit - The company received an Employee Retention Credit (ERC) of **$3.1 million** during the quarter, recognized as other income[27](index=27&type=chunk) Revenue by Source (Six Months Ended June 30) | Revenue Source | 2025 (in thousands) | 2024 (in thousands) | Change | | :--- | :--- | :--- | :--- | | Railcar sales | $200,784 | $296,674 | -32.3% | | Aftermarket sales | $13,981 | $10,218 | +36.8% | | Leasing revenues | $148 | $1,582 | -90.6% | | **Total revenues** | **$214,913** | **$308,474** | **-30.3%** | Segment Operating Income (Loss) (Six Months Ended June 30, 2025) | Segment | Revenues (in thousands) | Operating Income (Loss) (in thousands) | | :--- | :--- | :--- | | Manufacturing | $200,932 | $26,277 | | Aftermarket | $13,981 | $4,103 | | Corporate | - | $(18,802) | | **Total** | **$214,913** | **$11,578** | - On December 31, 2024, the company entered into a new **$115 million term loan** and used the proceeds to redeem all outstanding shares of its Series C Preferred Stock[50](index=50&type=chunk)[59](index=59&type=chunk) - The company's effective tax rate was significantly impacted by the release of the majority of the valuation allowance in the United States on federal and state deferred tax assets, resulting in a **large tax benefit**[78](index=78&type=chunk)[79](index=79&type=chunk)[80](index=80&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A)](index=24&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Discusses financial performance, strategic shift to higher-margin railcars, segment results, liquidity, new debt, and capital expenditure plans - The company's backlog of unfilled orders increased to **3,624 units** with an estimated sales value of **$317 million** as of June 30, 2025, up from 2,797 units valued at $267 million at the end of 2024[87](index=87&type=chunk) [Results of Operations](index=26&type=section&id=Results%20of%20Operations) Analyzes revenue decline due to lower railcar volumes, offset by improved gross profit and margin from product mix, and impacts from warrant revaluation and tax benefits - The decrease in Manufacturing segment revenues for both the three and six-month periods was primarily due to a strategic shift in product mix toward **higher-margin railcars**, resulting in lower delivery volumes but improved gross margins[88](index=88&type=chunk)[96](index=96&type=chunk) Gross Margin Comparison (Six Months Ended June 30) | Metric | 2025 | 2024 | | :--- | :--- | :--- | | **Consolidated Gross Margin** | 15.0% | 9.7% | | **Manufacturing Gross Margin** | 13.5% | 8.3% | - Consolidated SG&A expenses for the six months ended June 30, 2025 increased by **$4.6 million** year-over-year, primarily due to a **$1.1 million** increase in stock-based compensation and a **$3.0 million** increase in professional services expenses[98](index=98&type=chunk) [Liquidity and Capital Resources](index=30&type=section&id=Liquidity%20and%20Capital%20Resources) Details the company's liquidity, new credit facilities, cash flow from operations, and projected capital expenditures for 2025 - The company entered into a new **$115 million Term Loan** maturing in 2028 and a new **$35 million ABL facility** maturing in 2030, enhancing its liquidity profile[104](index=104&type=chunk)[106](index=106&type=chunk) - Management believes that current cash balances are **sufficient to meet expected liquidity needs** for at least the next twelve months[109](index=109&type=chunk) - Capital expenditures for 2025 are projected to be between **$9.0 million and $10.0 million**, focused on enhancing machinery and equipment at the Manufacturing Facility[115](index=115&type=chunk) [Controls and Procedures](index=34&type=section&id=Item%204.%20Controls%20and%20Procedures) Management confirmed the effectiveness of disclosure controls and procedures, with no material changes to internal control over financial reporting - The company's principal executive officer and principal financial officer concluded that disclosure controls and procedures were **effective** as of June 30, 2025[117](index=117&type=chunk) - No material changes to the company's internal control over financial reporting occurred during the quarter ended June 30, 2025[118](index=118&type=chunk) [PART II – OTHER INFORMATION](index=35&type=section&id=PART%20II%20%E2%80%93%20OTHER%20INFORMATION) Presents other required information, including legal proceedings, equity sales, and exhibits [Legal Proceedings](index=35&type=section&id=Item%201.%20Legal%20Proceedings) Discusses ongoing litigation, which management believes will not materially impact the company's financial position or results - The company does not expect current legal proceedings to have a **material adverse effect** on its financial condition or results[71](index=71&type=chunk)[121](index=121&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=35&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) Reports the company's purchases of 19,332 equity shares at an average price of $8.33, mainly for tax obligations on employee stock awards Issuer Purchases of Equity Securities (Q2 2025) | Period | Total Shares Purchased | Average Price Paid Per Share | | :--- | :--- | :--- | | April 2025 | - | - | | May 2025 | 2,116 | $7.03 | | June 2025 | 17,216 | $8.49 | | **Total** | **19,332** | **$8.33** | [Defaults Upon Senior Securities](index=35&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) Confirms no defaults occurred on the company's senior securities during the reporting period - None[124](index=124&type=chunk) [Mine Safety Disclosures](index=35&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) States that this disclosure item is not applicable to the company's operations - Not applicable[125](index=125&type=chunk) [Other Information](index=35&type=section&id=Item%205.%20Other%20Information) Indicates no additional information is reported for this period - None[126](index=126&type=chunk) [Exhibits](index=35&type=section&id=Item%206.%20Exhibits) Lists exhibits filed with the Form 10-Q, including officer certifications and Inline XBRL documents - Exhibits filed include Sarbanes-Oxley Act certifications for the CEO and CFO (Exhibits 31.1, 31.2, 32) and various Inline XBRL documents for financial reporting (Exhibits 101, 104)[127](index=127&type=chunk)[128](index=128&type=chunk)

[Performance Overview and Outlook](index=1&type=section&id=Performance%20Overview%20and%20Outlook) This section details the company's second-quarter 2025 financial and operational results, management's strategic insights, and the reaffirmed full-year 2025 guidance [Second Quarter 2025 Performance Highlights](index=1&type=section&id=Second%20Quarter%202025%20Performance%20Highlights) In Q2 2025, FreightCar America reported lower revenue and railcar deliveries compared to the prior year, but achieved a significant gross margin expansion of 250 basis points to 15.0%, with net income substantially boosted by a one-time tax valuation allowance release Q2 2025 Key Financial and Operational Metrics | Metric | Q2 2025 | Q2 2024 | Change | | :--- | :--- | :--- | :--- | | Revenues | $118.6 million | $147.4 million | (19.5%) | | Railcar Deliveries | 939 units | 1,159 units | (19.0%) | | Gross Margin | 15.0% | 12.5% | +250 bps | | Net Income | $11.7 million | $8.2 million (GAAP) | +42.8% | | Adjusted Net Income | $3.8 million | N/A | N/A | | Adjusted EBITDA | $10.0 million | $12.1 million | (17.4%) | | New Orders | 1,226 railcars | N/A | N/A | | Backlog (Units) | 3,624 units | N/A | +300 units QoQ | | Backlog (Value) | $316.9 million | N/A | N/A | - Net income of **$11.7 million** was significantly impacted by a **$51.9 million** benefit from a valuation allowance release, which was partially offset by a **$47.6 million** non-cash adjustment from the change in warrant liability[4](index=4&type=chunk) - The company generated positive operating cash flow of **$8.5 million** and Adjusted Free Cash Flow of **$7.9 million** during the quarter[1](index=1&type=chunk) [Management Commentary](index=1&type=section&id=Management%20Commentary) Management attributed strong margin performance to commercial excellence, improved productivity, and a richer product mix, expressing confidence in a future railcar replacement cycle and highlighting strategic investments in tank car capabilities - CEO Nick Randall highlighted key performance drivers: - Increased utilization across four production lines and improved productivity - A richer product mix resulting from disciplined pricing - Agile responsiveness to customer needs, particularly in rebuilds and conversions[3](index=3&type=chunk) - Strategic outlook from the CEO includes: - Belief that underlying fundamentals point to a meaningful replacement cycle ahead - Continued investment in tank car capabilities to strengthen cost position and create long-term value[3](index=3&type=chunk) - CFO Mike Riordan noted the company's financial strength, marking the fifth consecutive quarter of positive operating cash flow, reflecting a sustainable cash generation engine[6](index=6&type=chunk) [Fiscal Year 2025 Outlook](index=2&type=section&id=Fiscal%20Year%202025%20Outlook) FreightCar America has reaffirmed its full-year guidance for fiscal year 2025, anticipating growth in railcar deliveries and Adjusted EBITDA, with revenue expected to be relatively flat compared to the previous year at the midpoint of the range Fiscal Year 2025 Guidance | Metric | Fiscal 2025 Outlook | Year-over-Year Growth (at Midpoint) | | :--- | :--- | :--- | | Railcar Deliveries | 4,500 – 4,900 Railcars | 7.7% | | Revenue | $530 - $595 million | 0.6% | | Adjusted EBITDA | $43 - $49 million | 7.0% | - The company does not provide a reconciliation for its forward-looking Adjusted EBITDA guidance due to the difficulty in forecasting necessary adjustments without unreasonable effort[5](index=5&type=chunk) [Consolidated Financial Statements](index=4&type=section&id=Consolidated%20Financial%20Statements) This section provides the condensed consolidated balance sheets, statements of operations, and cash flow statements for the reporting periods [Condensed Consolidated Balance Sheets](index=4&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) As of June 30, 2025, total assets significantly increased to **$328.1 million**, driven by higher cash, inventories, and deferred income taxes, while total liabilities also rose, mainly due to increased accounts payable and customer deposits, improving the total stockholders' deficit to **$(83.5) million** Selected Balance Sheet Data (in thousands) | Account | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Cash, cash equivalents and restricted cash | $61,353 | $44,450 | | Inventories, net | $107,102 | $75,281 | | Total current assets | $204,024 | $145,031 | | Total assets | $328,093 | $224,216 | | Total current liabilities | $129,755 | $80,825 | | Total liabilities | $411,555 | $374,489 | | Total stockholders' deficit | $(83,462) | $(150,273) | [Condensed Consolidated Statements of Operations](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) For Q2 2025, revenues declined to **$118.6 million** from **$147.4 million** in the prior-year period, with gross profit remaining stable at **$17.8 million** due to improved margins, resulting in a net income of **$11.7 million** or **$0.34** per diluted share after a significant income tax benefit Q2 Statement of Operations Summary (in thousands, except per share data) | Account | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | | :--- | :--- | :--- | | Revenues | $118,623 | $147,416 | | Gross profit | $17,821 | $18,430 | | Operating income | $7,707 | $13,134 | | (Loss) on change in Warrant liability | $(47,630) | $112 | | Income tax (benefit) provision | $(52,688) | $2,497 | | Net income | $11,679 | $8,177 | | Diluted EPS | $0.34 | $0.11 | [Condensed Consolidated Statements of Cash Flows](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) For the first six months of 2025, the company generated **$21.3 million** in cash from operating activities, a decrease from **$31.9 million** in the prior year due to a larger investment in inventories, resulting in a net increase in cash and cash equivalents of **$16.9 million** for the period Six-Month Cash Flow Summary (in thousands) | Cash Flow Activity | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :--- | :--- | :--- | | Net cash provided by operating activities | $21,322 | $31,875 | | Net cash used in investing activities | $(353) | $(2,269) | | Net cash used in financing activities | $(4,066) | $(30,796) | | Net increase (decrease) in cash | $16,903 | $(1,190) | | Cash at end of period | $61,353 | $39,370 | [Reconciliation of Non-GAAP Financial Measures](index=7&type=section&id=Reconciliation%20of%20Non-GAAP%20Financial%20Measures) This section reconciles non-GAAP financial measures including Adjusted EBITDA, Adjusted Net Income, Adjusted EPS, and Adjusted Free Cash Flow to their most directly comparable GAAP measures [Reconciliation to EBITDA and Adjusted EBITDA](index=7&type=section&id=Reconciliation%20to%20EBITDA%20and%20Adjusted%20EBITDA) The company's Adjusted EBITDA for Q2 2025 was **$10.0 million**, a decrease from **$12.1 million** in Q2 2024, with the reconciliation from a pre-tax loss of **$41.0 million** primarily involving adding back interest, depreciation, and a significant **$47.6 million** non-cash expense from the change in fair value of warrant liability Adjusted EBITDA Reconciliation (in thousands) | Line Item | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | | :--- | :--- | :--- | | (Loss) income before income taxes | $(41,009) | $10,674 | | Depreciation & Amortization | $1,550 | $1,414 | | Interest Expense, net | $4,382 | $1,847 | | **EBITDA** | **$(35,077)** | **$13,935** | | Change in Fair Value of Warrant | $47,630 | $(112) | | Other Adjustments | $(2,535) | $(1,723) | | **Adjusted EBITDA** | **$10,018** | **$12,100** | [Reconciliation to Adjusted Net Income](index=8&type=section&id=Reconciliation%20to%20Adjusted%20Net%20Income) Adjusted net income for Q2 2025 was **$3.8 million**, compared to **$3.5 million** in the prior-year quarter, adjusting GAAP net income of **$11.7 million** by excluding the **$47.6 million** non-cash warrant liability expense and the **$51.9 million** benefit from the release of a tax valuation allowance Adjusted Net Income Reconciliation (in thousands) | Line Item | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | | :--- | :--- | :--- | | Net income | $11,679 | $8,177 | | Change in Fair Value of Warrant | $47,630 | $(112) | | Release of Valuation Allowance | $(51,872) | - | | Other non-GAAP adjustments | $(2,535) | $(1,723) | | Income tax impact on adjustments | $(1,060) | $1,555 | | **Adjusted net income** | **$3,842** | **$3,471** | [Reconciliation to Adjusted EPS](index=9&type=section&id=Reconciliation%20to%20Adjusted%20EPS) The company reported an Adjusted EPS of **$0.11** for Q2 2025, slightly higher than **$0.10** from Q2 2024, calculated by adjusting GAAP diluted EPS of **$0.34** for the per-share impact of non-cash items like the change in warrant liability and the release of the tax valuation allowance Adjusted EPS Reconciliation | Line Item | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | | :--- | :--- | :--- | | Diluted EPS | $0.34 | $0.11 | | Change in Fair Value of Warrant | $1.43 | $- | | Release of Valuation Allowance | $(1.55) | $- | | Other non-GAAP adjustments (pre-tax) | $(0.08) | $(0.06) | | Income tax impact on adjustments | $(0.03) | $0.05 | | **Adjusted EPS** | **$0.11** | **$0.10** | [Reconciliation to Free Cash Flow and Adjusted Free Cash Flow](index=10&type=section&id=Reconciliation%20to%20Free%20Cash%20Flow%20and%20Adjusted%20Free%20Cash%20Flow) In Q2 2025, FreightCar America generated **$8.5 million** in cash from operations, resulting in Free Cash Flow and Adjusted Free Cash Flow of **$7.9 million** after **$0.6 million** in capital expenditures, compared to an Adjusted Free Cash Flow of **$51.5 million** in the prior-year quarter Adjusted Free Cash Flow Reconciliation (in thousands) | Line Item | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | | :--- | :--- | :--- | | Cash flows provided by operating activities | $8,528 | $57,197 | | Purchase of property, plant and equipment | $(608) | $(1,303) | | **Free cash flow** | **$7,920** | **$55,894** | | Accrued dividends on Series C Preferred stock | - | $(4,427) | | **Adjusted free cash flow** | **$7,920** | **$51,467** |

Core Insights - FreightCar America reported a delivered gross margin of 15%, an expansion of 250 basis points compared to the previous year [1] - The company achieved operating cash flow of $8.5 million and adjusted free cash flow of $7.9 million [1] - Strong order intake was noted, driven by operational flexibility, and the company reaffirmed its full-year guidance for fiscal year 2025 [1][5] Financial Performance - Revenues for the second quarter of 2025 were $118.6 million, down from $147.4 million in the same quarter of 2024 [6] - Railcar deliveries decreased to 939 units from 1,159 units year-over-year [6] - Gross profit was $17.8 million, with a gross margin of 15.0%, compared to a gross profit of $18.4 million and a margin of 12.5% in the prior year [6] - Net income was reported at $11.7 million, or $0.34 per share, with adjusted net income of $3.8 million, or $0.11 per share [6] Operational Highlights - The company received new orders for 1,226 railcars valued at $106.9 million during the quarter [6] - The backlog at the end of the quarter was 3,624 units valued at $316.9 million, reflecting an increase of approximately 300 units from the previous quarter [6] - The company emphasized its agile manufacturing capabilities, which are expected to capture incremental demand in a dynamic market [3] Fiscal Year 2025 Outlook - The company reaffirmed its fiscal year 2025 outlook, projecting railcar deliveries between 4,500 and 4,900 units, representing a year-over-year growth of 7.7% [4] - Revenue guidance is set between $530 million and $595 million, indicating a slight increase of 0.6% year-over-year [4] - Adjusted EBITDA is expected to be between $43 million and $49 million, reflecting a growth of 7.0% [4] Cash Flow and Financial Health - The company reported its fifth consecutive quarter of positive operating cash flow, indicating a consistent cash generation engine [5] - Cash and cash equivalents at the end of the period were $61.4 million, up from $44.5 million at the beginning of the period [17] - The focus on working capital discipline and operational efficiency is expected to support continued momentum and investment in growth opportunities [5]

July 28, 2025 8:00 AM EDT | Source: Railtown AI Technologies Inc. Vancouver, British Columbia--(Newsfile Corp. - July 28, 2025) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company") a leader in Canadian-built artificial intelligence solutions, together with AI Partnerships Corp. (aipartnershipscorp.com), today announced a strategic joint partnership Braiyt AI Inc. (braiyt.ai) to deliver cutting-edge AI technologies to Dubai and the broader Middle East region. This alliance ...

Company Overview - FreightCar America, Inc. is a diversified manufacturer of railroad freight cars, railcar parts, and components, headquartered in Chicago, Illinois [3] - The company specializes in railcar repairs, complete railcar rebody services, and railcar conversions, repurposing idled rail assets back into revenue service [3] - Established in 1901, FreightCar America has built a reputation for quality railcars that are essential to economic growth and the North American supply chain [3] Upcoming Financial Results - The company will release its second quarter 2025 financial results on August 4, 2025, after market close [1] - A teleconference to discuss these results will be held on August 5, 2025, at 11:00 a.m. Eastern Daylight Time [4] - Interested parties are encouraged to join the call 10 to 15 minutes prior to the start time [1] Conference Call Details - An audio replay of the conference call will be available from August 5, 2025, at 3:00 p.m. Eastern Time until August 19, 2025, at 11:59 p.m. Eastern Time [2] - To access the replay, participants can dial (844) 512-2921 or (412) 317-6671, using the passcode 13754875 [2] - An archived version of the webcast will also be accessible on the FreightCar America Investor Relations website [2]

Core Insights - Railtown AI Technologies Inc. has launched a new feature called Auto Triage within its Conductr platform, enhancing its AI-driven developer solutions [2] - The Auto Triage feature works alongside the Conductr Root Cause Agent (RCA) to prioritize and manage software issues in real time, similar to triaging in a hospital emergency room [3][4] - This innovation aims to eliminate delays between error detection and action, providing immediate notifications and detailed data to engineering teams [4][5] Company Overview - Railtown AI Technologies Inc. is a leader in developer productivity tools, based in Vancouver, Canada, focusing on streamlining software development workflows and increasing innovation speed [7] - The company emphasizes its commitment to innovation and research and development as it expands its tools and services to a broader customer base [6]

Financial Performance - RAIL demonstrates very strong financials, positioning itself as a low-cost, high-quality producer, which creates a competitive moat for the business [1] - The potential impact of tariffs on the company is acknowledged, but the US administration appears to be adopting a less aggressive stance on tariffs, which could benefit RAIL [1] Market Position - RAIL's strong financials and operational efficiency contribute to its competitive advantage in the market [1]

Company Performance - Freightcar America (RAIL) shares increased by 18.6% in the last trading session, closing at $11.66, with a notable trading volume compared to typical sessions [1] - Year-to-date, the company's shares have gained 31%, driven by strong demand for railcars and cost-reduction efforts, including relocating production to a lower-cost region [2] - The consensus EPS estimate for the upcoming quarterly report is $0.06 per share, reflecting a year-over-year increase of 20%, while revenues are expected to be $109.09 million, down 26% from the previous year [3] Earnings Estimates and Trends - The consensus EPS estimate for Freightcar America has been revised 2.8% higher in the last 30 days, indicating a positive trend that typically correlates with price appreciation [4] - Empirical research suggests that trends in earnings estimate revisions are strongly correlated with near-term stock price movements, highlighting the importance of monitoring RAIL's performance [3][4] Industry Context - Freightcar America operates within the Zacks Transportation - Equipment and Leasing industry, which includes other companies like Air Lease (AL) [5] - Air Lease's consensus EPS estimate has remained unchanged at $1.33, representing an 8.1% increase from the previous year, and it also holds a Zacks Rank of 3 (Hold) [6]