Wabtec delivers strong second quarter 2023 results; raises full-year guidance

Pittsburgh--(business wire)--wabtec corporation (nyse: wab) today reported second quarter 2023 gaap earnings per diluted share of $1.06, up 16.5% versus the second quarter of 2022. adjusted earnings per diluted share were $1.41, up 14.6% versus the same quarter a year ago. second quarter sales were $2.41 billion, up 17.5% versus the second quarter a year ago, driven by strong sales across the freight and transit segments. the company generated $115 million in operating cash flow during the seco.
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