Westport Reports Fourth Quarter and Fiscal 2014 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Westport Innovations (WPRT) PT Bumped to $5 at Jefferies; Headwinds Persist
March 10, 2015 7:49 AM EDTJefferies analyst Laurence Alexander reiterated a Hold rating on Westport Innovations (NASDAQ: WPRT) while bumping his price target to $5.00 (from $4.00) following Q4 results and outlook. The firm notes headwinds persists and EBITDA break-even has slipped to the 2nd-half of 2016.
Alexander... More
Westport Innovations (WPRT) PT, Estimates Cut at Northland Capital Markets on Weak Q4, Guidance
March 10, 2015 7:27 AM EDTNorthland Capital Markets analyst Noah Kaye cut his price target on Westport Innovations (NASDAQ: WPRT) to $5.50 (from $6.00) following weak Q4 results and guidance after the close. The firm maintained a Market Perform rating.
Kaye commented, "WPRT guided 2015 revenue below consensus and continued... More
Westport (WPRT) Misses Q4 EPS by 61c
March 9, 2015 4:07 PM EDTWestport (NASDAQ: WPRT) reported Q4 EPS of ($1.02), $0.61 worse than the analyst estimate of ($0.41). Revenue for the quarter came in at $27.4 million versus the consensus estimate of $24.77 million.
"Despite volatile energy markets in 2014, market interest in alternative fuels continues to grow in many parts of the world," said David Demers, CEO of Westport. "Achieving over $1 billion in sales in 2014 highlights the dramatic growth in our market presence and prospects going forward, with 55% CAGR over the past five years. Our joint ventures posted record annual revenue with over 61,000 combined units sold during the year, representing... More
