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Stock impact report

Westport Fuel Systems Reports Second Quarter Fiscal 2018 Financial Results

Westport Fuel Systems Inc - Common Shares (WPRT) 
Last westport fuel systems inc - common shares earnings: 3/17 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: wfsinc.com/investors/corporate-overview
Company Research Source: GlobeNewswire
~ Delivers Positive Adjusted EBITDA ~ VANCOUVER, British Columbia, Aug. 09, 2018 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport Fuel Systems”) (TSX:WPRT / Nasdaq:WPRT) reported financial results for the second quarter ended June 30, 2018 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated. "I am pleased that we have achieved an important milestone as we move towards becoming a profitable, sustainable company," said Nancy Gougarty, Chief Executive Officer of Westport Fuel Systems. "We have executed against our goal to reach positive adjusted EBITDA during Q2 2018. Our Q2 2018 positive adjusted EBITDA of $8.6 million reflects our strong operational results across our business. Our leadership team is excited to capitalize on this by seizing opportunities with our valued industry partners across all segments of the transportation market." Q2 2018 HIGHLIGHTS Consolidated revenue of $80.5 million as compared with $58.6 million in Q2 Show less Read more
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