Financial Releases

Financial Releases

Wabtec and Kazakhstan Temir Zholy Sign $600 Million Memorandum of Understanding for FLXdriveTM Battery-Electric Shunters and NextFuelTM Liquid Natural Gas-Powered Locomotives
Sep 20, 2022
PITTSBURGH --(BUSINESS WIRE)--Sep. 20, 2022-- Wabtec (NYSE: WAB) and Kazakhstan Temir Zholy (KTZ) signed a historic memorandum of understanding (MOU) for 150 FLXdrive TM battery-electric shunters and modernization work to transform the mainline fleet into NextFuel TM liquid natural gas-powered
Wabtec Wins Order to Supply Panama’s Metrolink System with Leading-Edge Platform Screen Doors
Sep 15, 2022
PITTSBURGH --(BUSINESS WIRE)--Sep. 15, 2022-- Wabtec Corporation (NYSE: WAB) won an order to supply 300 half-height platform screen doors across Metro de Panama’s L3 monorail stations being built by Hitachi Rail , as part of the Grupo de Empresas Sunrise Monorail.
Wabtec Announces Expanded Credit Facility
Aug 17, 2022
PITTSBURGH --(BUSINESS WIRE)--Aug. 17, 2022-- Wabtec Corporation (NYSE: WAB) announced today that it signed an amended and restated credit agreement that will increase the size of its existing revolving credit facility from $1.2 billion to $1.5 billion and added a $250 million delayed draw term
Wabtec Opens First European Transit Performance Optimization Center in Derby, UK
Aug 09, 2022
PITTSBURGH --(BUSINESS WIRE)--Aug. 9, 2022-- Wabtec Corporation (NYSE: WAB) celebrated the grand opening of its first Transit Performance Optimization Center (TPOC) for Europe . The new center, located in Derby UK , was created to help transit sector customers improve operational performance and
Wabtec Reports Strong 2nd Quarter 2022 Results
Aug 05, 2022
Total Backlog of $23.23 Billion , Up $1.70 Billion and Up $2.27 Billion on Constant Currency Basis; Provides Strong Multi-Year Momentum Second Quarter Reported GAAP Earnings Per Share of $0.91 ; Adjusted Earnings Per Share of $1.23 , Up 16.0% Sales Growth of 1.8% to $2.05 Billion ; GAAP Operating
Wabtec Declares Regular Quarterly Common Dividend
Jul 22, 2022
PITTSBURGH --(BUSINESS WIRE)--Jul. 22, 2022-- Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 15 cents per share, payable on August 29, 2022 to holders of record on August 15, 2022 .
Wabtec to Improve Metropolitan Atlanta Rapid Transit Authority Passenger Comfort with new HVAC Systems
Jul 20, 2022
PITTSBURGH --(BUSINESS WIRE)--Jul. 20, 2022-- Wabtec Corporation (NYSE: WAB) announced today a contract to supply heating, ventilation, and air conditioning (HVAC) units for 56 new Stadler trains that will be operated by the Metropolitan Atlanta Rapid Transit Authority (MARTA).
Wabtec Announces Second Quarter 2022 Earnings Release Date
Jul 12, 2022
PITTSBURGH --(BUSINESS WIRE)--Jul. 12, 2022-- Wabtec Corporation (NYSE: WAB) announced it will report 2022 second quarter results before the U.S. financial markets open on August 5, 2022 . The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m.
Wabtec Appoints Beverley Babcock to Board of Directors
Jul 01, 2022
PITTSBURGH --(BUSINESS WIRE)--Jul. 1, 2022-- Wabtec Corporation (NYSE: WAB) announced the appointment of Beverley Babcock to its Board of Directors, effective today. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220701005050/en/ Wabtec
Wabtec Acquires Collins Aerospace’s ARINC Rail Solutions Business to Extend Rail Optimization Portfolio
Jun 16, 2022
PITTSBURGH --(BUSINESS WIRE)--Jun. 16, 2022-- Wabtec Corporation (NYSE: WAB), a leading global supplier for freight and transit rail, has acquired Collins Aerospace’s ARINC rail solutions business segment, a provider of intelligence-based rail dispatch and back-office solutions.
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