Financial Releases

Financial Releases

Roy Hill Sets New Course with Purchase of FLXdrive Battery Locomotive
Sep 13, 2021
FLXdrive is the world’s first 100% battery-powered, heavy-haul freight locomotive PERTH, Australia & PITTSBURGH --(BUSINESS WIRE)--Sep. 13, 2021-- Roy Hill announced the purchase of Wabtec’s (NYSE: WAB) FLXdrive battery-electric locomotive, the world’s first 100-percent battery, heavy-haul
Wabtec Signs Memoranda of Understanding with Carnegie Mellon University and Genesee & Wyoming to Decarbonize Freight Rail and Improve Freight Rail Safety
Sep 10, 2021
PITTSBURGH --(BUSINESS WIRE)--Sep. 10, 2021-- Wabtec (NYSE: WAB) announced today that it has signed a memorandum of understanding (MOU) with Carnegie Mellon University , a top university in engineering, artificial intelligence, battery technology, autonomy and robotics, which formalizes their joint
Wabtec Appoints John Olin to Executive Vice President and Chief Financial Officer
Aug 11, 2021
PITTSBURGH --(BUSINESS WIRE)--Aug. 11, 2021-- Wabtec Corporation (NYSE: WAB) today announced John Olin will be named Executive Vice President and Chief Financial Officer of the company, effective October 1, 2021 . Olin will succeed Pat Dugan , who is leaving the company in the fourth quarter.
Wabtec Celebrates the 1,000th Modernized Locomotive in the Americas
Aug 06, 2021
Locomotives reduced more than 1.4 million tons of CO2 Remanufacturing reused more than 100,000 tons of steel FORT WORTH, Texas --(BUSINESS WIRE)--Aug. 6, 2021-- Wabtec (NYSE: WAB) celebrated today its 1,000th locomotive modernization in North and South America .
Wabtec Reports 2nd Quarter 2021 Results; Updates 2021 Guidance
Jul 29, 2021
Strong Cash Flow from Operations of $223 Million ; Year-to-Date Cash Flow From Operations of $515 Million Second Quarter Reported GAAP Earnings Per Share of $0.66 ; Adjusted EPS of $1.06   Raising Full-Year Sales, GAAP EPS and Adjusted EPS Guidance 12-month Backlog Highest Since 2 nd Quarter 2019;
Wabtec Declares Regular Quarterly Common Dividend
Jul 22, 2021
PITTSBURGH --(BUSINESS WIRE)--Jul. 22, 2021-- Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 12 cents per share, payable on August 27, 2021 to holders of record on August 13, 2021 .
Wabtec Appoints Byron Foster to Board of Directors
Jul 08, 2021
PITTSBURGH --(BUSINESS WIRE)--Jul. 8, 2021-- Wabtec Corporation (NYSE: WAB) announced today the appointment of Byron Foster to its Board of Directors, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210708005099/en/
Wabtec Announces Second Quarter 2021 Earnings Release Date
Jul 07, 2021
PITTSBURGH --(BUSINESS WIRE)--Jul. 7, 2021-- Wabtec Corporation (NYSE: WAB) announced it will report 2021 second quarter results before the U.S. financial markets open on July 29, 2021 . The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m.
CSX and Wabtec Partner to Drive Sustainable Transportation Solutions
Jun 24, 2021
CSX enhances fleet with orders for locomotive modernizations and next generation Trip Optimizer TM Zero-to-Zero system JACKSONVILLE, Fla. --(BUSINESS WIRE)--Jun. 24, 2021-- CSX Corporation (NASDAQ: CSX) and Wabtec (NYSE: WAB) are partnering to accelerate sustainable rail by modernizing locomotives
Wabtec Reduces Emissions at Port of Kiel in Germany with Shore Power Solutions
Jun 17, 2021
ShoreCONNECT has potential to reduce carbon emissions by 12,000 tons annually PITTSBURGH --(BUSINESS WIRE)--Jun. 17, 2021-- Wabtec Corporation (NYSE: WAB) and the Port of Kiel celebrated the installation of a sustainable shore power solution to support cruise operators.
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