Financial Releases

Financial Releases

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
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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
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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
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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 .
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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).
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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.
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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
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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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Wabtec Advances Rail Network Optimization for CN with the Launch of its Precision Dispatch System
Jun 06, 2022
PITTSBURGH & MONTREAL --(BUSINESS WIRE)--Jun. 6, 2022-- Wabtec (NYSE: WAB) launched its new Precision Dispatch System today with an order from CN (TSX: CNR) (NYSE: CNI). The Precision Dispatch deal marks a major step toward network automation for CN and the entire rail industry.
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Wabtec Board Members, Lee Foster and Michael Howell, Announce Retirements
May 31, 2022
PITTSBURGH --(BUSINESS WIRE)--May 31, 2022-- Wabtec Corporation’s (NYSE: WAB) Board of Directors today announced the retirement of Directors Lee Foster and Michael Howell upon reaching the Board’s retirement age. The retirements were effective May 18, 2022 .
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