News Tagged with "Financial"

March 29, 2016

Westport Reports Fourth Quarter and Fiscal 2015 Financial Results

Westport Consolidated Adjusted EBITDA improved 54% over the prior year and 47% over the prior quarter

Westport reports financial results for the year ended December 31, 2015 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.

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March 22, 2016

Westport Announces Fourth Quarter Fiscal 2015 and Year End Conference Call for Tuesday, March 29, 2016

To coincide with the disclosure, Westport has also scheduled a conference call for Tuesday, March 29, 2016 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

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February 23, 2016

Westport Files Management Information Circular for Fuel Systems Transaction and Sets Date for Special Meeting of Shareholders

Compelling Combination To Bring a Broader Global Reach, Enhanced Technological Expertise, and Provide Significant Value to Westport Shareholders

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January 11, 2016

Westport Signs Investment Agreement with Cartesian Capital Group for up to $71.3 Million in Financing

Global private equity firm, with a strong presence in Asia and Europe, invests in Westport and the future of natural gas engines

Westport has entered into an agreement with Cartesian Capital Group of New York, for up to $71.3 million in financing to support global growth initiatives. As part of the financing agreement, Peter Yu, Managing Partner and Founder of Cartesian, will be appointed to Westport's Board of Directors.

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December 9, 2015

Westport and Gas Technology Institute Awarded $900,000 to Advance Natural Gas Combustion Technology

Westport and the Gas Technology Institute have been awarded US$900,000 towards a program to advance state-of-the-art natural gas combustion technology. The work will feature Westport™ enhanced spark ignited (ESI) natural gas engine technology and demonstrate "High Frequency Corona Discharge Ignition" on an OEM partner's engine.

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November 10, 2015

Westport Reports Third Quarter Fiscal 2015 Financial Results

Westport Consolidated Adjusted EBITDA Improved 56% Over Prior Year

Westport reports financial results for the third quarter ended September 30, 2015 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.

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November 3, 2015

Westport Announces Third Quarter Fiscal 2015 Conference Call for Tuesday, November 10, 2015

To coincide with the disclosure, Westport has also scheduled a conference call for Tuesday, November 10, 2015 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

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October 16, 2015

Westport Appoints KPMG As Auditor

Westport Innovations Inc. announced today the appointment of KPMG LLP ("KPMG") as its auditors, replacing Deloitte LLP (“Deloitte”).

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September 1, 2015

Westport and Fuel Systems Solutions Announce Intention to Merge

Compelling Merger Creates Scale and Combines Complementary Technologies, Development Focus, and Global Customer and Product Mix

Westport Innovations Inc. (TSX: WPT / NASDAQ: WPRT), and Fuel Systems Solutions Inc. (NASDAQ: FSYS), jointly announce that the companies have entered into a merger agreement to create a premier alternative fuel vehicle and engine company.

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July 29, 2015

Westport Reports Second Quarter and Fiscal 2015 Financial Results

Westport Consolidated Adjusted EBITDA Improved 54% Over Prior Year, Westport Reiterates Revenue Outlook For 2015

Westport reports financial results for the second quarter ended June 30, 2015 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.

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News Releases

March 22

Westport Fuel Systems Reports Fourth Quarter and Fiscal 2017 Financial Results

Transformative Year: Well Positioned for 2018 with Market-Ready Solutions

March 21

Westport Fuel Systems to Announce Fourth Quarter and Fiscal 2017 Results on Friday, March 23, 2018

Westport Fuel Systems Inc. announced today that it will disclose its financial results for the fourth quarter and year ended December 31, 2017 on Friday, March 23, 2018 before market open. To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call for Friday, March 23, 2018 at 8:30am Eastern Time (5:30am Pacific Time).

March 19

Westport Fuel Systems Appoints New Director

Westport Fuel Systems Inc. today announced Michele Buchignani has been appointed to the company’s Board of Directors, effective March 16, 2018. The appointment of Ms. Buchignani, who was previously a member of Westport Fuel Systems Advisory Board, increases the number of directors from 9 to 10.

March 8

Westport Fuel Systems Advances Technology Leadership and Solutions

AVL Endorses Higher Pressure HPDI System Enabling Future Efficiency and Performance Demands

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.

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