CHICAGO, Oct. 27, 2025 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL), a diversified manufacturer of railroad freight cars, today announced that it will release its third quarter 2025 financial results on Monday, November 10, 2025, before the market opens and host a teleconference to discuss its third quarter 2025 results on the same day. Teleconference details are as follows: November 10, 202511:00 a.m. Eastern TimePhone: 1-877-407-0789 or 1-201-689-8562Webcast access: https://viavid.webcasts. ...

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]

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 Viewpoint - FreightCar America, Inc. will participate in the Wolfe 18th Annual Global Transportation & Industrials Conference on May 20, 2025, indicating its engagement with investors and the industry [1]. Company Overview - FreightCar America is a diversified manufacturer and supplier 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, which repurpose idled rail assets back into revenue service [3]. - Established in 1901, FreightCar America has built a reputation for quality railcars that are essential for economic growth and the North American supply chain [3].

Core Insights - FreightCar America reported a strong first quarter for 2025, highlighting a 26% increase in gross profit and a gross margin expansion of 780 basis points [1][4] - The company generated operating cash flow of $13 million and adjusted free cash flow of $12 million, marking a significant improvement compared to the previous year [1][7] - Strong order intake of 1,250 railcars valued at approximately $141 million supports the company's reaffirmed full-year guidance [4][5] Financial Performance - Revenues for the first quarter of 2025 were $96.3 million, a decrease of 40.2% from $161.1 million in the same period of 2024 [7] - Gross profit was $14.4 million with a gross margin of 14.9%, compared to $11.4 million and a gross margin of 7.1% in the first quarter of 2024 [7] - Net income was reported at $50.4 million, or $1.52 per share, with adjusted net income of $1.6 million, or $0.05 per share [7][22] Operational Highlights - The company ended the quarter with a backlog of 3,337 units valued at $318 million, indicating strong future revenue potential [7] - FreightCar America maintained a healthy inquiry pipeline and backlog, positioning itself for increased deliveries throughout the year [5][6] - The company reaffirmed its fiscal year 2025 outlook, projecting railcar deliveries between 4,500 and 4,900 units, with revenue expectations of $530 to $595 million [6] Cash Flow and Financial Position - The company generated operating cash flow of $12.8 million, a $38.1 million increase year-over-year from cash used in the first quarter of 2024 [7][16] - Ending cash and cash equivalents were over $50 million, reflecting a strong financial position [6][7] - Adjusted free cash flow was reported at $12.5 million, compared to $30.5 million used in the first quarter of 2024, indicating a $43 million improvement [7][31]