2023-03-27 16:19:01 ET
- FreightCar America press release ( NASDAQ: RAIL ): Q4 GAAP EPS of -$0.31 misses by $0.19 .
- Revenue of $128.99M (+71.9% Y/Y) beats by $13.09M .
- Gross margin of 3.6% with gross profit of $4.6 million, compared to gross margin of 8.8% with gross profit of $6.6 million in the fourth quarter of 2021.
- Adjusted EBITDA of $1.2 million, equivalent to the fourth quarter of 2021
- Quarter-end backlog totaled 2,445 railcars with an aggregate value of approximately $288 million.
- 2023 Outlook: Revenue $400 - $430 million; Adjusted EBITDA $15 - $20 million; Railcar Deliveries 3,400 - 3,700 Railcars.
- Shares -3.14% .
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FreightCar America GAAP EPS of -$0.31 misses by $0.19, revenue of $128.99M beats by $13.09M