UPDATE: FreightCar America Swings To Q1 Profit

FreightCar America Inc

posted a profit in the first quarter. Net income attributable to FreightCar came in at $9.7 million, or $0.81 per share, versus a year-ago loss of $1.3 million, or $0.11 per share. Its revenue jumped to $219.1 million. Railcar deliveries also surged to 2,613 units. FreightCar America shares closed at $20.76 yesterday.