News Tagged with "Financial"

November 8, 2018

Westport Fuel Systems Reports Third Quarter Fiscal 2018 Financial Results

Delivers Positive Adjusted EBITDA, Updates Revenue Guidance

Westport Fuel Systems Inc. reported financial results for the third quarter ended September 30, 2018 and provided an update on operations.

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August 9, 2018

Westport Fuel Systems Reports Second Quarter Fiscal 2018 Financial Results

Delivers Positive Adjusted EBITDA

Westport Fuel Systems Inc. reported financial results for the second quarter ended June 30, 2018 and provided an update on operations.

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July 25, 2018

Westport Fuel Systems Completes Sale of CNG Compressor Business for 12.3 Million Euro

Westport Fuel Systems Inc. today announced that it has completed the sale of its compressed natural gas compressor business to Snam S.p.A., a leading European gas utility company, for total proceeds of 12.3 million Euro, net of a 500,000 Euro holdback to be released upon fulfillment of an independent audit process to be completed within 30 business days.

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May 17, 2018

Westport Fuel Systems Announces Agreement to Sell CNG Compressor Business to Snam S.p.A. for 12.5 Million Euro

Revenue Guidance Adjusted to Reflect Sale

Westport Fuel Systems Inc. today announced that it has entered into an agreement to sell its compressed natural gascompressor business based in Cherasco, Italy to Snam S.p.A., a leading European gas utility company, for a cash purchase price of 12.5 million Euro, subject to certain customary adjustments and closing conditions.

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May 10, 2018

Westport Fuel Systems Reports First Quarter Fiscal 2018 Financial Results

Performance on Track

Westport Fuel Systems Inc. reported financial results for the first quarter ended March 31, 2018 and provided an update on operations.

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May 9, 2018

Westport Fuel Systems Publishes 2018 Annual and Special Meeting of Shareholders Results

Westport Fuel Systems Inc. held its Annual and Special Meeting of Shareholders on Monday, May 7, 2018 in Toronto, Ontario.

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May 8, 2018

Westport Fuel Systems to Announce First Quarter Results on Friday, May 11, 2018

Westport Fuel Systems Inc. announced today that it will disclose its financial results for the first quarter ended March 31, 2018 on Friday, May 11, 2018 before market open. To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call for Friday, May 11, 2018 at 8:30 am Eastern Time.

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March 22, 2018

Westport Fuel Systems Reports Fourth Quarter and Fiscal 2017 Financial Results

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

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

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March 21, 2018

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).

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December 21, 2017

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

Bolsters Liquidity and Supports Westport™ HPDI 2.0 Launch Activities

Westport Fuel Systems Inc.and Export Development Canada announced today that they have signed a US$20 million secured term loan agreement to support the commercial launch of the Westport High Pressure Direct Injection 2.0 program.

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News Releases

November 8

Westport Fuel Systems Reports Third Quarter Fiscal 2018 Financial Results

Delivers Positive Adjusted EBITDA, Updates Revenue Guidance

October 30

Westport Fuel Systems to Announce Third Quarter Results on Thursday, November 8, 2018

Westport Fuel Systems Inc. announced today that it will disclose its financial results for the third quarter ended September 30, 2018 on Thursday, November 8, 2018 after market close.

September 26

Independent Study Confirms Emissions Performance of Cummins Westport ISX12N Natural Gas Engine

Cummins Westport Inc. is pleased to announce that an independent third-party study on the Cummins Westport ISX12N 400 hp natural gas engine has demonstrated that the engine meets and exceeds California Air Resources Board’s optional Low NOx standard of 0.02 g/bhp-hr.

August 28

Westport Fuel Systems and Weichai Westport to Commercialize HPDI 2.0 Technology for China

Westport Fuel Systems Inc.announced today that it has entered into definitive development and supply agreements with Weichai Westport Inc. to develop, market, and commercialize a heavy-duty, natural gas engine featuring the Westport HPDI 2.0™ technology, based on one of Weichai Power Co., Ltd.’s heavy-duty engine platforms.

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