Westport (WPRT) Misses Q4 EPS by 1c, Revenues Beat

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Go back to Westport (WPRT) Misses Q4 EPS by 1c, Revenues Beat

WESTPORT FUEL SYSTEMS REPORTS FOURTH QUARTER AND FULL YEAR 2019 FINANCIAL RESULTS

March 17, 2020 4:30 PM EDT

~Strong 2019 Financial Performance~

VANCOUVER, British Columbia, March 17, 2020 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (Westport Fuel Systems) (TSX:WPRT / Nasdaq: WPRT) reported financial results for the fourth quarter and year ended December 31, 2019 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.

KEY ACCOMPLISHMENTS

Transportation revenue grew to $305 million, up 13% over 2018 and 33% since 2017.Adjusted EBITDA of $28 million compared with $10 million in 2018, nearly a 200%... More