VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Westport Innovations Inc. (WPRT) on Monday reported a loss of $10.6 million in its first quarter.
On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 6 cents.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.
The maker of natural-gas engine technology posted revenue of $82.2 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $77.5 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WPRT at https://www.zacks.com/ap/WPRT
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
