(The Canadian Press) VANCOUVER _ Westport Innovations Inc. (TSX: T.WPT, Stock Forum), which keeps its books in U.S. dollars, said Thursday it lost US$31.8 million or 57 cents per share for the quarter ended March 31 compared with a loss of $22.6 million or 44 cents per share a year ago.
Revenue totalled $30.1 million, down from $36 million, the company said in a press release.
Westport shares eased 1.1% on Thursday to $29.92, leaving the alternative fuels company with a market cap of $1.6 billion, based on 55.4 million shares outstanding. The 52-week range is $40.75 and $22.76.