News Tagged with "Financial"

July 22, 2015

Westport Announces Second Quarter Fiscal 2015 Conference Call for Wednesday, July 29, 2015

Westport will disclose its financial results for the second quarter ended June 30, 2015 on Wednesday, July 29, 2015 after market close. To coincide with the disclosure, Westport has also scheduled a conference call for Wednesday, July 29, 2015 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

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July 9, 2015

Westport Completes HPDI Technology Program with Daimler AG

Westport HPDI 2.0 Meets Challenging Performance Targets

Westport has completed an engineering program with Daimler AG to develop and assess Westport High Pressure Direct Injection (HPDI) system for a Daimler heavy duty engine. The prototype HPDI engine met all technical targets resulting in a payment of 2.4 million Euro (approximately $2.7 million USD) by Daimler to Westport.

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May 7, 2015

Westport Reports First Quarter Fiscal 2015 Financial Results

Cash Used in Operations Drops More Than 70% Sequentially, Improved Profitability in Key Product Markets Despite Energy Price Volatility, Westport Reiterates Operations Revenue Outlook

Cash Used in Operations Drops More Than 70% Sequentially, Improved Profitability in Key Product Markets Despite Energy Price Volatility, Westport Reiterates Operations Revenue Outlook

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April 30, 2015

Westport Announces First Quarter Fiscal 2015 Conference Call for Thursday, May 7, 2015

Westport will disclose its financial results for the first quarter ended March 31, 2015 on Thursday, May 7, 2015 after market close. To coincide with the disclosure, Westport has also scheduled a conference call for Thursday, May 7, 2015 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

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March 9, 2015

Westport Reports Q4 and Fiscal 2014 Financial Results

Global Market Grows Year-over-Year for Natural Gas Vehicles, CWI Posts Record Year for Revenue, WWI Posts Record Year for Revenue and Net Income, Westport Total Segments Revenue Exceeds $1 Billion

Global Market Grows Year-over-Year for Natural Gas Vehicles; Cummins Westport Posts Record Year for Revenue; Weichai Westport Posts Record Year for Revenue and Net Income; Westport Total Segments Revenue Exceeds $1 Billion

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February 24, 2015

Westport Announces Fourth Quarter Fiscal 2014 and Year End Conference Call for Monday, March 9, 2015

Westport announced today that it will disclose its financial results for the fourth quarter and year ended December 31, 2014 on Monday, March 9, 2015 after market close. Westport has also scheduled a conference call for Monday, March 9, 2015 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

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December 2, 2014

Westport Acquires Prins Autogassystemen

Capturing a Complete Portfolio of Alternative Fuel Systems, Expected Accretive Sales and Operations Synergies in 2015 and Beyond

Westport has acquired Netherlands based Prins Autogassystemen Holding B.V. (Prins) for Euro 12.2 million (approximately U.S.$15.1 million) through a combination of Euro 6.6 million (approximately U.S.$8.2 million) in assumed liabilities and Euro 5.6 million (approximately U.S.$6.9 million) in cash.

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October 30, 2014

Westport Reports Third Quarter Fiscal 2014 Financial Results

Reiterates Revenue Guidance for 2014, Net Income Improved 16%, Takes Immediate Action Reducing Staff and Prioritizing Investments, and Executives Accept Reduced Salaries

Westport reports financial results for the third quarter ended September 30, 2014 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.

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October 23, 2014

Westport Announces Third Quarter Fiscal 2014 Conference Call for Thursday, October 30, 2014

Westport announced today that it will disclose its financial results for the third quarter ended September 30, 2014 on Thursday, October 30, 2014 after market close. To coincide with the disclosure, Westport has also scheduled a conference call for Thursday, October 30, 2014 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

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September 30, 2014

Westport Announces Technology, Investment, Market and Revenue Update

Matching Investment and Revenue Outlook with Pace of Market Adoption, while Second Generation HPDI Technology Draws Support

Westport gives an update to its Westport high pressure direct injection (Westport™ HPDI) second generation or "HPDI 2.0" development program and identified plans to further refine investment programs to align with its original equipment manufacturer (OEM) customers and the global pace of natural gas vehicle adoption and related infrastructure build out. In line with the pace of market adoption, Westport has updated its near term revenue outlook for the year ended December 31, 2014.

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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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