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News Tagged with "Financial"

July 29, 2015

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Westport Reports Second Quarter and Fiscal 2015 Financial Results

Westport Consolidated Adjusted EBITDA Improved 54% Over Prior Year, Westport Reiterates Revenue Outlook For 2015

Westport reports financial results for the second quarter ended June 30, 2015 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.

July 22, 2015

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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).

July 9, 2015

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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.

May 7, 2015

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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

April 30, 2015

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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).

March 9, 2015

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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

February 24, 2015

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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).

December 2, 2014

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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.

October 30, 2014

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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.

October 23, 2014

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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).