As of June 1st, 2016, Fuel Systems Solutions and Westport Innovations have merged to create Westport Fuel Systems. To view previous Fuel System Solutions financials, visit our Regulatory Filings page.
|(expressed in millions of U.S. dollars, except for per share amounts, shares outstanding)||Quarter ended SEPT 30|
 Westport Fuel Systems defines Adjusted EBITDA as EBITDA from continuing operations excluding expenses for stock-based compensation, unrealized foreign exchange gain or loss, and non-cash and other adjustments. Management uses Adjusted EBITDA as a long-term indicator of operational performance since it ties closely to the business units' ability to generate sustained cash flow. Adjusted EBITDA includes the company's share of income from joint ventures.
|Net income (loss) from Continuing Operations||(15.7)||(33.6)|
|Net income (loss) per share—basic||(0.12)||(0.30)|
|Net income (loss) per share—diluted||(0.12)||(0.30)|
|Weighted average shares outstanding—basic||126,282,427||109,863,371|
|Weighted average shares outstanding—diluted||126,282,427||109,863,371|
|Cash and short-term investments||51.1||58.7|
|Long term debt||36.3||79.0|
|Consolidated Adjusted EBITDA(1)||(5.0)||(10.8)|
|Net cash used in operating activities of Continuing Operations||(14.0)||(27.4)|
In accordance with the terms of the 50/50 Joint Venture Agreement between Cummins Inc. (NYSE:CMI) and Westport Fuel Systems Inc. (TSX:WPRT/NASDAQ:WPRT). The changes are effective as of January 1, 2018.
Order Fulfillment of Westport™ HPDI 2.0 + Strengthened Balance Sheet
To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call for Tuesday, November 14, 2017 at 2:00 pm Pacific Time (5:00 pm Eastern Time).
BRC to Supply 40,000 LPG Systems in Algeria
Early Termination of Debenture Tender Offer and Cancellation of Meeting of Debentureholders