News Tagged with "Financial"

March 9, 2015
financial

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
financial

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
acquisitionproductsfinancial

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
financial

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
financial

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 HPDIfinancialtechnologyWestport iCE PACK

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
financial

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
financial

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
financialstock market

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
financial

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

June 4

Westport Fuel Systems Reports First Quarter 2020 Financial Results

Westport Fuel Systems Inc. reported financial results for the first quarter ended March 31, 2020 and provided an update on operations.

May 28

Westport Fuel Systems Secures €5 Million Loan from UniCredit

Transaction to Strengthen the Liquidity of Emer S.p.A. in Brescia, Italy

May 26

Westport Fuel Systems Awarded GASTEC Tender

BRC to Supply Systems to the Growing Egyptian Market

April 30

Westport Fuel Systems Publishes 2020 Annual and Special Meeting of Shareholders Results

Shareholders approved all resolutions presented at the Meeting.

April 29

Westport Fuel Systems to Announce First Quarter Results on Thursday, June 4, 2020

Westport Fuel Systems has also scheduled a conference call for Friday, June 5, 2020 at 10:30am ET (7:30am PT)

Industry News

Published: March 26

Coronavirus Economic Fallout May Boost NGVs as Alternative Transportation

Natural gas vehicles (NGV) may get a boost as power markets and renewable equipment production are seen as potential casualties.

Published: March 16

Europe Increasingly Turns to CNG, LNG

The statistics not only show continuously growing sales of CNG and especially liquefied natural gas fueled vehicles, but also the growth of corresponding fueling infrastructure.

Published: March 12

Finnish heavy-duty transport expert Simeon: ”Gas is energy of the future”

Simeon’s gas-powered Volvo is used to transport gas for partners. Stenberg is pleased with the new tractor unit.

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