FreightCar America, Inc. released its results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue of $88.6 million, compared to $56.79 million it a year ago. The net loss amounted to 18.89 million USD, against a net profit of 14.54 million USD the previous year. Basic loss per share from continuing operations was $0.73, compared to basic earnings per share from continuing operations of $0.58 a year ago. Diluted loss per share from continuing operations was $0.73, compared to diluted earnings per share from continuing operations of $0.58 a year ago.
For the six months, revenue was $169.6 million, compared to $150.02 million the previous year. The net loss amounted to 23.93 million USD, compared to 11.31 million USD the previous year. Basic loss per share from continuing operations was $0.93, compared to $0.47 a year ago. Diluted loss per share from continuing operations was $0.93, compared to $0.47 a year earlier.
© S&P Capital IQ
2023-08-08 01:34:13
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