News Tagged with "Financial"

May 11, 2017

Westport Fuel Systems Reports First Quarter 2017 Financial Results, 2017 Off to a Strong Start

Westport Fuel Systems Inc. reported financial results for the first quarter ended March 31, 2017, and provided an update on operations.

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May 4, 2017

Westport Fuel Systems to Announce First Quarter Results On Thursday, May 11, 2017

Westport Fuel Systems Inc. announced today that it will disclose its financial results for the first quarter ended March 31, 2017 on Thursday, May 11, 2017 after market close.

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April 17, 2017

Westport Fuel Systems Announces the Signing of a Definitive Agreement to Sell its APU Assets for USD$70 million

Sale in-line with previously announced portfolio review

Westport Fuel Systems Inc. today announced that it has entered into a definitive agreement to sell the assets of its Auxiliary Power Unit business for $70 million United States dollars, subject to certain customary adjustments.

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April 12, 2017

Prins and BRC Win Innovation Award at the International GasShow in Warsaw, Poland

Both companies are part of Westport Fuel Systems family of brands

Prins Autogassystemen and BRC Gas Equipment, both Westport Fuel Systems Inc. companies were awarded with the Inpro Innovation award at the International GasShow in Warsaw, Poland for their respective VSI Dual Injection technology and ‘EMV’ electronic LPG tank multivalve.

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March 27, 2017

Westport Fuel Systems Presents Unaudited Fourth Quarter and Fiscal 2016 Financial Results

Solid finish to 2016 Taking action to address upcoming liquidity needs

Westport Fuel Systems Inc. today presented unaudited financial results for the fourth quarter and year ended December 31, 2016 and provided an update on operations. The company will be filing its 2016 audited consolidated financial statements later this week on March 31, 2017.

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March 7, 2017

Westport Fuel Systems to Announce Fourth Quarter and Fiscal 2016 Results on Monday March 27, 2017

To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call for Monday, March 27, 2017 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

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November 9, 2016

Westport Fuel Systems Reports Third Quarter 2016 Financial Results

Executing on Key Deliverables - Taking Immediate Action on Portfolio Decisions

Westport Fuel Systems Inc. reports financial results for the third quarter ended September 30, 2016 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.

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November 7, 2016

Westport Fuel Systems Announces TSX Ticker Symbol Change To “WPRT”

Aligning the company’s Canadian and U.S. Trading Symbols

Westport Fuel Systems Inc. today announced that effective at the opening of trading on Thursday, November 10, 2016, shares of Westport Fuel Systems will commence trading on the Toronto Stock Exchange (“TSX”) under the symbol “WPRT”.

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November 2, 2016

Westport Fuel Systems To Announce Third Quarter Results On Wednesday, November 9, 2016

Westport Fuel Systems Inc. announced today that it will disclose its financial results for the third quarter ended September 30, 2016 on Wednesday, November 9, 2016 after market close.

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August 22, 2016

Westport Fuel Systems to Sell Portion of Joint Venture Interest for Approximately $11 Million

Company remains committed to Chinese market & continues to advance Westport™ HPDI 2.0 program

Westport Fuel Systems announced that it has entered into agreements to sell an 11.7% interest in the Weichai Westport Inc. joint venture for gross proceeds of 48.2 million RMB (approximately US$7.2 million) to Weichai Holding Group Co., Ltd. and an additional undisclosed purchaser. Associated with the sale, Westport Fuel Systems will also receive a dividend payment of 23.8 million RMB (approximately US$3.5 million) from the joint venture, generating total gross proceeds of 72.0 million RMB (approximately US$10.7 million).

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News Releases

January 4

Cummins Westport Receives 2018 Emissions Certifications for ISX12N Natural Gas Engine

Cummins Westport Inc. announced today that it has received certifications from both the U.S. Environmental Protection Agency and Air Resources Board in California for its 2018 ISX12N natural gas engine.

January 2

Tata Motors and Westport Fuel Systems Announce Development and Supply Agreement

Natural Gas Solutions to Meet Upcoming BS-VI Emissions Standards in India

December 22

Westport Fuel Systems Signs MOU with Weichai Power

Next Step in the Commercialization of Westport™ HPDI for Heavy Duty Trucks in China

December 21

Westport Fuel Systems Signs US$20 Million Loan Agreement from Export Development Canada

Bolsters Liquidity and Supports Westport™ HPDI 2.0 Launch Activities

December 13

Cummins Westport Receives 2018 Emissions Certifications for L9N and B6.7N Natural Gas Engines

Cummins Westport Inc. announced today that it has received certifications from both the U.S. Environmental Protection Agency (“EPA”) and Air Resources Board (“ARB”) in California for its 2018 L9N and B6.7N natural gas engines.

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