Last C$6.49 CAD
Change Today -0.03 / -0.46%
Volume 79.6K
WPT On Other Exchanges
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As of 3:47 PM 11/20/14 All times are local (Market data is delayed by at least 15 minutes).

westport innovations inc (WPT) Snapshot

Open
C$6.60
Previous Close
C$6.52
Day High
C$6.64
Day Low
C$6.44
52 Week High
01/7/14 - C$24.13
52 Week Low
10/15/14 - C$5.97
Market Cap
410.0M
Average Volume 10 Days
137.7K
EPS TTM
C$-2.27
Shares Outstanding
63.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for WESTPORT INNOVATIONS INC (WPT)

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westport innovations inc (WPT) Details

Westport Innovations Inc. provides low-emission engine and fuel system technologies utilizing gaseous fuels. The company’s technology and products enable light, medium, heavy-duty, and high horsepower petroleum-based fuel engines to use primarily natural gas and alternative fuels. It designs, manufactures, and sells compressed natural gas, liquefied petroleum gas, and liquefied natural gas (LNG) components and subsystems to original equipment manufacturers. The company also designs and manufactures various components, such as pressure regulators, injectors, electronic control units, valves, and filters; sells monofuel and bi-fuel conversion kits; and offers engine management solutions and systems. In addition, it engineers, designs, assembles, and sells natural gas engine and vehicle systems for automotive, light commercial, and trucking applications; and provides aftermarket conversion products, alternative fuel systems, and application engineering services. Further, the company offers LNG products for storage and supply of natural gas for natural gas powered locomotives; industrial engines for material handling; and products for forklift and oilfield applications. Additionally, Westport Innovations Inc. provides engines for use in transit, school and shuttle buses, conventional trucks and tractors, and refuse collection trucks, as well as specialty vehicles, such as short-haul port drayage trucks and street sweepers; and develops, manufactures, and sells alternative fuel engines and parts that are used in city bus, coach, and heavy-duty truck applications. Westport Innovations Inc. was founded in 1995 and is headquartered in Vancouver, Canada.

872 Employees
Last Reported Date: 02/26/14
Founded in 1995

westport innovations inc (WPT) Top Compensated Officers

Founder, Chief Executive Officer, Director, M...
Total Annual Compensation: C$700.0K
President and Chief Operating Officer
Total Annual Compensation: C$235.5K
Vice President of Corporate Development and M...
Total Annual Compensation: C$375.0K
Compensation as of Fiscal Year 2013.

westport innovations inc (WPT) Key Developments

Westport Innovations Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Reiterates Revenue Guidance for the Year Ending December 31, 2014

Westport Innovations Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, consolidated revenues were $25.3 million against $46.5 million a year ago. Consolidated adjusted LBITDA was $22.0 million against $19.4 million a year ago. Net loss was $25.5 million against $30.2 million a year ago. Net loss per share was $0.40 against $0.53 a year ago. Consolidated adjusted EBITDA was $22.0 million against $17.0 million a year ago. Westport direct sales in the third quarter fell sharply year-over-year and sequentially from the second quarter. On an apples to apples basis, if adjusted third quarter revenues to a baseline excluding R&D milestone payments and removing discontinued products such as the Westport 15-liter, it see year-over-year revenue decline of 24%. During the third quarter, cash used in operations was $31.4 million compared with $28.9 million in the second quarter of this year. This increase of $2.5 million is primarily due to the margin impact of lower sales. For the nine months, consolidated revenues were $103.2 million against $111.4 million a year ago. Consolidated adjusted LBITDA was $60.7 million against $73.6 million a year ago. Net loss was $84.7 million against $96.0 million a year ago. Net loss per share was $1.34 million against $1.72 million a year ago. Consolidated adjusted EBITDA was $22.1 million against $23.2 million a year ago. For the period ended June 30, 2014, the company corrected the accounting for a portion of the On-Road parts revenue that came to the company with the BAF acquisition last year. As a result and in consultation with auditors, the company made an immaterial adjustment to reduce total revenue for the six month period ended June 30, 2014, by $4.1 million from $82 million to $77.9 million. The company reiterates its latest revenue guidance to be between $130 million and $140 million for the year ending December 31, 2014.

Westport Innovations Inc. to Report Q3, 2014 Results on Oct 30, 2014

Westport Innovations Inc. announced that they will report Q3, 2014 results at 2:00 PM, Pacific Standard Time on Oct 30, 2014

Westport Innovations Inc., Q3 2014 Earnings Call, Oct 30, 2014

Westport Innovations Inc., Q3 2014 Earnings Call, Oct 30, 2014

 

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WPT

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Valuation WPT Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.3x
Price/Book 1.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.0x
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