Financial Releases

Financial Releases

Wabtec Secures Systems and Software Deal with ARTC to Support the Interoperability of Australia’s National Rail Network
Apr 17, 2024
PITTSBURGH --(BUSINESS WIRE)--Apr. 17, 2024-- Wabtec Corporation (NYSE: WAB) announced today a digital solutions agreement with Australian Rail Track Corporation (ARTC). The two companies will collaborate on developing one of the few approaches being considered to address interoperability of rail
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Wabtec Announces First Quarter 2024 Earnings Release Date
Mar 27, 2024
PITTSBURGH --(BUSINESS WIRE)--Mar. 27, 2024-- Wabtec Corporation (NYSE: WAB) announced it will report 2024 first quarter results before the U.S. financial markets open on April 24, 2024 . The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m.
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Wabtec Appoints Kyra Yates as Vice President of Investor Relations
Mar 11, 2024
PITTSBURGH --(BUSINESS WIRE)--Mar. 11, 2024-- Wabtec Corporation (NYSE: WAB) announced today the appointment of Kyra Yates as Vice President of Investor Relations effective March 18, 2023 . In this role, Yates will be responsible for communicating Wabtec’s vision, strategy, financial performance,
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Wabtec Launches the Next-Generation Railcar Mover – the Commander NXT
Feb 27, 2024
PITTSBURGH --(BUSINESS WIRE)--Feb. 27, 2024-- Wabtec (NYSE: WAB) launched today its Shuttlewagon Commander NXT, the next generation of railcar movers. The NXT series will provide the railcar moving industry improved performance, reliability, and efficiency.
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Wabtec Announces Pricing of Senior Notes Offering
Feb 26, 2024
PITTSBURGH --(BUSINESS WIRE)--Feb. 26, 2024-- Wabtec Corporation (NYSE: WAB) (“Wabtec”) today announced that it has priced a public offering of $500 million aggregate principal amount of 5.611% Senior Notes due 2034 (the “Notes”). The Notes will be guaranteed by each of Wabtec’s current and future
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MRS Orders 30 Wabtec Evolution Series Locomotives
Feb 21, 2024
R$500 million investment in MRS fleet renewal strategy RIO DE JANEIRO & PITTSBURGH --(BUSINESS WIRE)--Feb. 21, 2024-- MRS Logística (MRSA-MB) and Wabtec Corporation (NYSE: WAB) announced an agreement for 30 new Evolution Series locomotives. The deal is valued at around R$500 million with the first
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Wabtec Reports Strong Fourth Quarter 2023 Results; Issues 2024 Full-Year Guidance
Feb 14, 2024
GAAP Earnings Per Share of $1.20 , Up 39.5%; Adjusted Earnings Per Share of $1.54 , Up 18.5% Behind Sales Growth of 9.5% GAAP Operating Margin at 12.2%; Adjusted Operating Margin Up 1.7 pts to 17.0% Fourth Quarter Operating Cash Flow of $686 Million ; Full-Year Cash Flow from Operations up 15.7% to
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Wabtec and CSX Extend Deal to Modernize over 200 Locomotives
Feb 13, 2024
PITTSBURGH --(BUSINESS WIRE)--Feb. 13, 2024-- Wabtec Corp. (NYSE: WAB) and CSX Corp. (NASDAQ: CSX) signed a deal for over 200 locomotive modernizations featuring a suite of digital solutions, innovations, and services. The agreement will transform the remaining AC4400 locomotives in CSX’s fleet
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Wabtec Wins Major Door and HVAC Contract for Norske Tog’s New Train Fleet
Feb 12, 2024
PITTSBURGH --(BUSINESS WIRE)--Feb. 12, 2024-- Wabtec Corporation (NYSE: WAB) won a major order to supply sustainable heating, ventilation, and air-conditioning (HVAC) units and efficient door systems for Norway -based Norske Tog’s new regional trains.
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Wabtec Awarded $157 Million Brake System Order from Siemens Limited
Jan 24, 2024
HOSUR, January 24, 2024 — Wabtec Corporation (NYSE: WAB) announced today a large brake system order from the Mobility Business of Siemens India Private Limited for the prestigious 9000HP locomotive project for Indian Railways. The $157 million (Rs.1300 crore) order will provide improved operating
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