FreightCar America, Inc. Reports Quarterly Net Income Per Diluted Share of $1.38 as the Backlog Reaches Record Level of 20,729 Units
Date: Feb 7, 2006
Sales Were $927.2 Million and Net Income Per Diluted Share Was $4.04 For the Year Ended December 31, 2005
FreightCar America, Inc. (Nasdaq:RAIL) today reported financial results for the three months ended December 31, 2005. For the fourth quarter of 2005, sales were $267.3 million and net income attributable to common stockholders was $17.6 million, or $1.38 per diluted share. In comparison, for the fourth quarter of 2004, the Company had sales of $179.7 million and a net loss attributable to common stockholders of $9.6 million, or $1.40 per diluted share.
A quick translation of this news: RAIL had profits in 2005 of $4.04, after losses of ($3.76) in 2004 and losses of ($1.23) in 2003. Also, backlog is enormous. We continue in the "fat" years. |
