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Freightcar America ( (RAIL) ) has shared an announcement.
FreightCar America, Inc. reported impressive third-quarter 2024 results, showcasing an 83% increase in revenue year-over-year driven by 961 railcar deliveries. With a gross margin of 14.3% and an adjusted EBITDA soaring 211% to $10.9 million, the company highlights its operational excellence and strong market demand. As it raises its full-year EBITDA guidance, FreightCar America continues to leverage innovative solutions and strategic adaptability to meet customer needs and sustain growth momentum.
See more insights into RAIL stock on TipRanks’ Stock Analysis page.
