News Tagged with "Financial"

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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July 31, 2014

Westport Reports Second Quarter Fiscal 2014 Financial Results

Achieved Positive Adjusted EBITDA of $1.0 Million from Westport Operating Business Units and Reaffirms Fiscal 2014 Revenue Guidance

Achieved Positive Adjusted EBITDA of $1.0 Million from Westport Operating Business Units and Reaffirms Fiscal 2014 Revenue Guidance

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July 24, 2014

Westport Announces Second Quarter Fiscal 2014 Conference Call for Thursday, July 31, 2014

Westport will disclose its financial results for the second quarter ended June 30, 2014 on Thursday, July 31, 2014 after market close. To coincide with the disclosure, Westport has also scheduled a conference call for Thursday, July 31, 2014 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

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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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News Releases

November 7

Westport Fuel Systems Reports Third Quarter 2019 Financial Results

Net income from continuing operations of $4.9 million and Adjusted EBITDA of $9.4 million due to revenue growth and operating cost reductions

October 24

Westport Fuel Systems to Announce Third Quarter Results on Thursday, November 7, 2019

Westport Fuel Systems Inc. announced today that it will disclose its financial results for the third quarter ended September 30, 2019 on Thursday, November 7, 2019 after market close.

September 27

Westport Fuel Systems Announces Settlement with the U.S. Securities and Exchange Commission

Westport Fuel Systems today announced that it has reached a settlement fully resolving the SEC’s investigation.

August 30

Westport Fuel Systems to Present at the 8th Annual Gateway Conference on September 5, 2019

Westport Fuel Systems today announced they have been invited to present at the 8th Annual Gateway Conference, which is being held September 4-5, 2019 at the Four Seasons Hotel in San Francisco, California

August 22

Westport Fuel Systems Announces New Chief Financial Officer

Westport Fuel Systems Appoints Richard Orazietti as Chief Financial Officer

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