Westinghouse Air Brake Technologies Corp.'s Latest Acquisition Keeps Driving Revenue Higher

Westinghouse Air Brake Technologies Corp.'s Latest Acquisition Keeps Driving Revenue Higher

Westinghouse Air Brake Technologies' (NYSE: WAB) top line once again benefited from its recent acquisition of Faiveley Transport. However, integration expenses from that transaction, as well as continued challenging rail market conditions, drove down earnings. Wabtec expects those challenges to persist, leading it to pull back further on its full-year guidance.

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Q3 2017

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Source: Fool.com