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Investegate |Westport Fuel Systems Inc Announcements | Westport Fuel Systems Inc: Westport Fuel Systems Reports Second Quarter 2021 Financial Results

Investegate |Westport Fuel Systems Inc Announcements | Westport Fuel Systems Inc: Westport Fuel Systems Reports Second Quarter 2021 Financial Results
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Westport Fuel Systems Reports Second Quarter 2021 Financial

Westport Fuel Systems Reports Second Quarter 2021 Financial
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Westport Fuel Systems Inc: Westport Fuel Systems Reports Second Quarter 2021 Financial Results

Westport Fuel Systems Inc: Westport Fuel Systems Reports Second Quarter 2021 Financial Results
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Westport Fuel Systems Reports First Quarter 2021 Financial Results

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Westport Fuel Systems Reports First Quarter 2021 Financial Results
Westport Fuel Systems IncMay 6, 2021 GMT
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 (“HPDI”)™ launch partner, one-time severance costs and an unrealized foreign e ....

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Westport Fuel Systems Inc: Westport Fuel Systems Reports First Quarter 2021 Financial Results

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 ( ....

United States , United Kingdom , British Columbia , Minda Westport , Davidm Johnson , Weichai Westport , National Instrument , Westport Fuel Systems Inc , Westport Weichai Inc , Cummins Westport Inc , Fuel Systems , Original Equipment Manufacturing , High Pressure Direct Injection , Chief Executive , Investments Accounted , Cummins Westport , Westport Weichai , Westport Fuel Systems , North America , South America , Westport Fuel System , Annual Information Form , Consolidated Interim Balance Sheets , Consolidated Interim Statements , Comprehensive Income , Cash Flows ,