CHICAGO — FreightCar America said net income totaled $50.4 million in the first quarter while revenue of $96.3 million fell 40.2% from the year-ago period. The Chicago-based railcar builder (NASDAQ: RAIL) delivered 710 units in the quarter ended March 31, down from 1,223 units in the previous-year quarter. Adjusted net income was $1.6 million, or 5 […]
FreightCar America Q1 net better than half of revenue
