News Tagged with "Financial"

June 27, 2014

Westport Extends Maturity of Existing Debentures and Issues C$19 Million Additional 9% Debentures

Westport Completes Non-Dilutive, Non-Convertible Financing

Westport announces that it has extended the maturity date of its 9% unsecured subordinated non-convertible debentures formerly due September 22, 2014 to September 15, 2017; and secured an additional C$19 million in debentures on the same terms, bringing the total outstanding debentures to C$55 million.

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May 1, 2014

Westport Reports First Quarter Fiscal 2014 Financial Results

First Quarter Revenue Up 39% Year over Year, Step Change Improvement in Westport Operating Business Units’ Adjusted EBITDA

First Quarter Revenue Up 39% Year over Year, Step Change Improvement in Westport Operating Business Units’ Adjusted EBITDA

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April 25, 2014

Westport Publishes 2014 Annual Shareholder Meeting Results

Westport held its Annual and Special Meeting yesterday in Vancouver, British Columbia with 79% of outstanding shares represented by shareholders present or by proxy. Shareholders have approved all resolutions presented including the election of directors of Westport for the next year; the appointment of auditors for Westport for the next year (98% in favour); and the approval of amendments to By-Law No. 1 (98% in favour).

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April 24, 2014

Westport Announces First Quarter Fiscal 2014 Conference Call for Thursday, May 1, 2014

Westport will disclose its financial results for the first quarter ended March 31, 2014 on Thursday, May 1, 2014 after market close. To coincide with the disclosure, Westport has also scheduled a conference call for Thursday, May 1, 2014 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

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February 26, 2014

Westport Reports Fourth Quarter Fiscal 2013 and Year End Financial Results

Fourth Quarter Revenues Up 32% Year over Year, 2013 Revenues of $164M, Reiterates Breakeven Targets and Provides Revenue Outlook for 2014

Fourth Quarter Revenues Up 32% Year over Year; 2013 Revenues of $164M; Westport Reiterates Breakeven Targets and Provides Revenue Outlook for 2014

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February 19, 2014

Westport Announces Fourth Quarter Fiscal 2013 and Year End Conference Call for Wednesday, February 26, 2014

Westport will disclose its financial results for the fourth quarter and year ended December 31, 2013 on Wednesday, February 26, 2014 after market close, and has scheduled a conference call at 2:00 pm Pacific Time (5:00 pm Eastern Time) the same day.

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October 30, 2013

Westport Reports Third Quarter Fiscal 2013 Financial Results

Quarterly Revenues Up 51% Year over Year, Westport Maintains Annual Revenue Outlook

Quarterly Revenues Up 51% Year over Year, Westport Maintains Annual Revenue Outlook

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October 23, 2013

Westport Announces Third Quarter Fiscal 2013 Conference Call for Wednesday, October 30, 2013

Westport will disclose its financial results for the third quarter ended September 30, 2013 on Wednesday, October 30, 2013 after market close. To coincide with the disclosure, Westport has also scheduled a conference call for Wednesday, October 30, 2013 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

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October 1, 2013

Westport Innovations Inc. Closes Offering of Common Shares

Westport closes its previously announced offering of 6,000,000 common shares in the United States and Canada at the offering price of US$25.39 per share, for gross proceeds of US$152,340,000.

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September 26, 2013

Westport Innovations Inc. Prices Offering of Common Shares

Westport will offer 6,000,000 common shares at a price of US$25.39 per share, for gross proceeds of US$152,340,000. Westport has granted the underwriters of the offering an option to purchase an additional 900,000 common shares at the offering price during the period ending 30 days from the date of Westport's final prospectus supplement filed in connection with the offering.

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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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