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Westport Fuel Systems Inc T.WPRT

Alternate Symbol(s):  WPRT

Westport Fuel Systems Inc. is a global company focused on engineering, manufacturing, and supplying alternative fuel systems and components for transportation applications. Its segments include Light-Duty, High-Pressure Controls & Systems, Heavy-Duty OEM, Corporate, and HPDI joint venture (JV). Light-Duty segment manufactures liquified petroleum gas (LPG) and compressed natural gas (CNG) fuel storage solutions and supplies fuel storage tanks to the aftermarket, original equipment manufacturer (OEM), and other market segments across a range of brands. High Pressure Controls & Systems segment designs, develops, produces and sells components for transportation and industrial applications. Heavy-Duty OEM segment provides transitional services. The HPDI JV sells systems and components, including LNG HPDI 2.0 fuel system products, to engine OEMs and commercial vehicle OEMs. Its fuel systems and associated components control the pressure and flow of alternative fuels.


TSX:WPRT - Post by User

Bullboard Posts
Post by msillusionon Nov 03, 2011 4:35am
600 Views
Post# 19204611

2011 Q2 Earnings posted Nov 1 after market

2011 Q2 Earnings posted Nov 1 after market

CTVglobemedia Nov 2: "Westport Innovations has added to the 49 cents or 1.6 per cent cents lost yesterday after overnight reporting a net loss of $13.2-million or .27 loss per share in the second quarter compared to a net loss of $6.2-million or .16 loss per share in the previous corresponding period period. On average, 7 analysts polled by Thomson Reuters expected a loss of .22 per share for the quarter. Analysts' estimates typically exclude special items."

Yahoo Finance MB posting by fraudexpose on 1-Nov-11 07:04 pm:

"Cash down $57M- still losing cash of $250k/day, touted gross revenue of $81M still includes $25M of Cummins revenue share, buying other money-losers at 1X sales, trading at 7X, sales are dependent on joint venture partners...making and selling motors is a slow, painful low margin business requiring huge economies of scale which this little puppy will never achieve. If you like the space, buy Cummins."

Bullboard Posts