Westport: Q3 Earnings Snapshot

VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Westport Innovations Inc. (WPRT) on Tuesday reported a loss of $3.9 million in its third quarter.

On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 22 cents.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 41 cents per share.

The maker of natural-gas engine technology posted revenue of $66.3 million in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $66.9 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 This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up