Westport Fuel Systems Reports First Quarter 2021 Financial Results
Westport Fuel Systems Inc - Common Shares (WPRT)
Last westport fuel systems inc - common shares earnings: 3/17 04:30 pm
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US:NASDAQ Investor Relations:
wfsinc.com/investors/corporate-overview
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Source: GlobeNewswire
VANCOUVER, British Columbia, May 06, 2021 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“WFS”) (TSX:WPRT / Nasdaq:WPRT) today reported financial results for the first quarter ended March 31, 2021 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated. FIRST QUARTER 2021 HIGHLIGHTS Revenues of $76.4 million, up 14% compared to the same period in 2020 due to increased sales volumes in WFS' light-duty and heavy-duty Original Equipment Manufacturing ("OEM") businessesNet loss of $3.1 million and net loss per share of $0.02 were impacted by supply chain-related production issues at WFS' initial High Pressure Direct Injection ("HPDI")™ launch partner, one-time severance costs and an unrealized foreign exchange lossAdjusted earnings before interest, taxes, depreciation and amortization of $2.7 millionAt-the-Market equity offering raised gross proceeds of $13.2 million in 1Q21, for a cumulative total of $27.6 million; cash and cash equivalents were
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WPRT
Earnings
- 3/25/24 - Miss
WPRT
Sec Filings
- 4/23/24 - Form 6-K
- 4/11/24 - Form 6-K
- 3/26/24 - Form 6-K
- WPRT's page on the SEC website