Greenbrier Companies Inc Reports $21.3 Million Net Income and $1.04 Billion in Revenue for the Third Quarter of Fiscal Year 2023

The Greenbrier Companies Inc (GBX), a prominent player in the railca r manufacturing and services industry, recently unveiled its financial results for the third quarter of fiscal year 2023. The report highlights the company's net income of $21.3 million and revenue totaling $1.04 billion. These figures reflect Greenbrier's continued growth and resilience in a dynamic market.

Condensed Consolidated Balance Sheets

The company's assets as of May 31, 2023, amounted to $3.92 billion, showcasing its robust financial position. Key asset categories included cash and cash equivalents at $321.4 million, accounts receivable at $533.6 million, and inventories totaling $888.0 million.

Condensed Consolidated Statements of Income