The directors of FreightCar America Inc. have declared a regular cash dividend of $0.06 per share of common stock of the company. The dividend is payable on November 30, 2009, to shareholders of record at the close of business on November 23, 2009.

FreightCar America Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net income attributable to the company of $1.1 million, or $0.09 per basic and diluted share on revenues of $55.1 million. For the third quarter of 2008, the company generated sales of $238 million and net income attributable to the company of $10.0 million, or $0.85 per basic and diluted share. Operating income was $0.28 million and operating income before income taxes was $0.074 million compared to operating income of $15.11 million and operating income before income taxes of $15.75 million for the same period last year. For the nine months, the company reported net income attributable to the company of $10.49 million, or $0.88 per basic and diluted share on revenues of $199.02 million. For the nine months of 2008, the company generated sales of $474.44 million and net loss attributable to the company of $0.58 million, or $0.05 per basic and diluted share. Operating income was $13.02 million and operating income before income taxes was $12.52 million compared to operating loss of $4.00 million and operating loss before income taxes of $1.48 million for the same period last year. Net cash flows provided by operating activities was $19.45 million compared to net cash flows used in operating activities of $27.14 million for the same period last year. Purchases of property, plant and equipment was $4.05 million compared to $4.12 million for the same period last year.

FreightCar America Inc., Q3 2009 Earnings Call, Nov-06 2009