VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Westport Innovations Inc. (WPRT) on Tuesday reported second-quarter earnings of $5.8 million.
On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 33 cents. Losses, adjusted for non-recurring gains, came to 43 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 55 cents per share.
The maker of natural-gas engine technology posted revenue of $88.6 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $86.2 million.
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