Westport Fuel Systems Inc: Westport Fuel Systems Reports First Quarter 2021 Financial Results
VANCOUVER, British Columbia, May 06, 2021 (GLOBE NEWSWIRE) Westport Fuel Systems Inc. (
WFS ) (TSX:WPRT / Nasdaq:WPRT) today reported financial results for the first quarter ended March 31, 2021 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.
FIRST QUARTER 2021 HIGHLIGHTS
Revenues of $76.4 million, up 14% compared to the same period in 2020 due to increased sales volumes in WFS light-duty and heavy-duty Original Equipment Manufacturing (
OEM ) businesses
Net loss of $3.1 million and net loss per share of $0.02 were impacted by supply chain-related production issues at WFS initial High Pressure Direct Injection (
Westport Fuel Systems Reports First Quarter 2021 Financial Results
VANCOUVER, British Columbia, May 06, 2021 (GLOBE NEWSWIRE) Westport Fuel Systems Inc. (“
WFS”) (TSX:WPRT / Nasdaq:WPRT) today reported financial results for the first quarter ended March 31, 2021 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.
FIRST QUARTER 2021 HIGHLIGHTS
Revenues of $76.4 million, up 14% compared to the same period in 2020 due to increased sales volumes in WFS light-duty and heavy-duty Original Equipment Manufacturing (
OEM ) businesses
Net loss of $3.1 million and net loss per share of $0.02 were impacted by supply chain-related production issues at WFS initial High Pressure Direct Injection (
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Westport Fuel Systems Inc: Westport Fuel Systems Publishes 2021 Annual Meeting of Shareholders Results
WFS or the
Company ) (TSX:WPRT / Nasdaq:WPRT) today held its Annual General Meeting of Shareholders (the
Meeting ) in a virtual format. Shareholders approved all resolutions presented at the meeting including the election of all nominated directors, the appointment of KPMG LLP as the Company sauditors, and an advisory Say-on-Pay vote.
A summary of the results are as follows:
Business
8.52%
The Company s Chief Executive Officer, David M. Johnson also provided a business update . A copy of the presentation can be found at https://investors.wfsinc.com and the recording is available as part of the virtual meeting replay.
Automotive Fuel Tank Market Forecast to 2027 - Magna International Inc. , Martinrea International Inc., Plastic Omnium, SMA SERBATOI S.p.A., TI Automotive, Westport Fuel Systems
iCrowd Newswire
01 May 2021, 12:01 GMT+10
Automotive Fuel Tank Market 2020 research report provides study at global and regional level to provide comprehensive value market analysis for the years (2017 & 2018 – Historic Years, 2019 – Base Year and 2020-2027 Forecast Period). The Automotive Fuel Tank Market research report is a wide-ranging study of current trends, market growth drivers, and restraints. Each market segment is broadly analyzed at a powdered level by region (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America) to provide thorough information on the global and regional level. The study shares market performance both in terms of volume and revenue and this factor which is useful & helpful to the business.