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

Pittsburgh--(business wire)--wabtec corporation (nyse: wab) today reported third quarter 2023 gaap earnings per diluted share of $1.33, up 51.1% versus the third quarter of 2022. adjusted earnings per diluted share were $1.70, up 39.3% versus the same quarter a year ago. third quarter sales were $2.55 billion, up 22.5% versus the third quarter a year ago, driven by strong sales across the freight and transit segments. the company generated strong operating cash flow of $425 million resulting in.
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