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News Tagged with "Financial"

August 4, 2011

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Westport Reports FY2011 Q1 Financial Results

Revenues Increase 76% Year Over Year

Westport reports financial results for the first quarter fiscal 2011 ended June 30, 2011 (FY2011) and provides an update on operations. Please note that the Company has changed its year-end from March 31 to December 31 to align the year ends of all the consolidated operating companies to the calendar year.

July 28, 2011

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Westport Announces First Quarter Fiscal 2011 Conference Call for Thursday, August 4, 2011

Westport will disclose its financial results for the first quarter of fiscal 2011 ended June 30, 2011 on Thursday, August 4, 2011 after market close.

July 5, 2011

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Westport Closes Acquisition of Emer S.p.A.

Previously Announced Acquisition Closes on Schedule

Westport has completed the purchase of Emer S.p.A. (Emer), of Brescia, Italy. After deduction of certain amounts contractually agreed upon, Westport, at closing, paid approximately Euro 25.6 million (approximately US$37.2 million), which consisted of Euro 12.1 million (US$17.6 million) in cash and 881,860 shares of Westport.

June 8, 2011

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Westport Reports Fourth Quarter Fiscal 2011 and Year End Financial Results

Fourth Quarter Revenue Up 10.4%

Westport's financial results for the fourth quarter and fiscal year ended March 31, 2011 (FY2011) and an update on operations. All figures are in U.S. dollars unless otherwise stated.

June 8, 2011

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Westport Announces Intention to Acquire Emer S.p.A. of Italy

Westport will purchase Emer S.p.A. (Emer),of Brescia, Italy for Euro 27 million (approximately US$39.6 million) through a combination of stock and cash, plus the assumption of approximately Euro 53 million in existing net debt within Emer.

June 1, 2011

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Westport Announces Fourth Quarter and Year End Fiscal 2011 Conference Call for Wednesday, June 8, 2011

Westport will disclose its fourth quarter and fiscal year 2011 financial results on Wednesday, June 8, 2011 before market open.

February 8, 2011

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Westport Reports Third Quarter Fiscal 2011 Financial Results

Third Quarter Revenues Increase 8.5% Year Over Year

Westport reported financial results for the third quarter of fiscal 2011 ended December 31, 2010 and provided an update on operations.

February 1, 2011

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Westport Announces Third Quarter Fiscal 2011 Conference Call for Tuesday, February 8, 2011

Westport will disclose its third quarter, fiscal 2011 financial results on Tuesday, February 8, 2011 after market close.

November 15, 2010

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Westport Closes Offering of Common Shares and Announces Underwriters’ Exercise of Over-Allotment Option for Approximately US$16 Million

Westport announced the exercise in full of the underwriters' option to purchase an additional 907,500 common shares at a price of US$17.50 in connection with its previously announced offering of common shares in the United States and Canada.

November 9, 2010

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Westport Innovations Inc. Prices Offering of Common Shares

Westport announced the pricing of its offering of common shares in the United States and Canada. Westport will offer 6,050,000 common shares at a price of US$17.50 per share, for gross proceeds of US$105,875,000.