Reports Q4 revenue $129M, up 71.9% year-over-year. Jim Meyer, President and Chief Executive Officer of FreightCar America, commented, "FreightCar America finished another strong year of transformation as we continued to ramp-up our operations in Castanos, delivered 3,184 railcars and generated $11.5 million in positive operating cash flow. In the fourth quarter, while we were extremely pleased with the 1,150 units delivered, we continued to experience margin pressure, primarily due to supply chain issues. These dynamics will be with us through the first quarter of this year, after which we expect to see further improvement in our financial performance."
Published first on TheFly
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