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.
|(millions of U.S. dollars, except per share amounts and shares outstanding)||Quarter ended mar 31|
|Net income (loss)||(12.8)||(24.6)|
|Net income (loss) per share—basic and diluted (2)||(0.11)||(0.38)|
|Weighted average shares outstanding||110,171,034||64,413,316|
|Cash and short-term investments||47.7||24.6|
|Long-term debt (incl. current portion)
|Consolidated Adjusted EBITDA (3)||(4.1)||(11.9)|
Westport Fuel Systems Inc. announced today the closing of its previously announced offering of 16,700,000 common shares at a price of US$1.50 per share, for gross proceeds of US$25,050,000.
Westport Fuel Systems will offer 16,700,000 common shares at a price of US$1.50 per share, for gross proceeds of US$25,050,000.
Westport Fuel Systems Inc. announced today that it expects Q2 2017 revenues to be $57-$59 million for the quarter ended June 30, 2017 and a cash balance of approximately $87 million at June 30, 2017.
Westport Fuel Systems Inc. announced today that it intends to offer and sell common shares in an underwritten public offering.
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