Financial Releases

Financial Releases

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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Wabtec Declares Regular Quarterly Common Dividend
May 11, 2022
PITTSBURGH --(BUSINESS WIRE)--May 11, 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 May 27, 2022 to holders of record on May 20, 2022 . About Wabtec Corporation Wabtec Corporation
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Wabtec Reports Strong 1st Quarter 2022 Results
Apr 27, 2022
First Quarter Reported GAAP Earnings Per Share of $0.80 ; Adjusted Earnings Per Share of $1.13 , Up 27.0% Sales Growth of 5.3% to $1.93 Billion ; GAAP Operating Margin of 12.4%; Adjusted Operating Margin of 16.5%, Up 1.4 pts Repurchased 3.1 Million Shares During the First Quarter for $296 Million ;
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Wabtec to Acquire Trimble’s Beena Vision Business to Extend its Digital Rail Inspection Portfolio
Apr 20, 2022
PITTSBURGH --(BUSINESS WIRE)--Apr. 20, 2022-- Wabtec Corporation (NYSE: WAB), a leading global supplier for freight and transit rail, announced today the company has signed a definitive agreement to acquire Trimble’s Beena Vision business, a manufacturer of machine vision-based wayside inspection
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Wabtec’s Fort Worth Plant Celebrates its 5,000th Mining Wheel Delivery
Apr 11, 2022
FORT WORTH, Texas --(BUSINESS WIRE)--Apr. 11, 2022-- Wabtec (NYSE: WAB) celebrated the 5,000 th mining drive system wheel built at its plant in Fort Worth, TX. The milestone highlights the commercial success of the mining wheel for heavy-haul mining trucks, which set the standard for reliable and
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Wabtec Announces First Quarter 2022 Earnings Release Date
Apr 06, 2022
PITTSBURGH --(BUSINESS WIRE)--Apr. 6, 2022-- Wabtec Corporation (NYSE: WAB) announced it will report 2022 first quarter results before the U.S. financial markets open on April 27, 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 to Modernize 330 Norfolk Southern Locomotives
Mar 23, 2022
Extended partnership furthers railroad’s sustainability, fuel efficiency efforts ATLANTA & PITTSBURGH --(BUSINESS WIRE)--Mar. 23, 2022-- Wabtec Corporation (NYSE: WAB) announced today an additional multi-year order from Norfolk Southern (NYSE: NSC) to modernize 330 locomotives as part of its
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