Last C$15.56 CAD
Change Today -0.09 / -0.58%
Volume 76.1K
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As of 4:00 PM 09/2/14 All times are local (Market data is delayed by at least 15 minutes).

westport innovations inc (WPT) Snapshot

Open
C$15.65
Previous Close
C$15.65
Day High
C$15.68
Day Low
C$15.44
52 Week High
09/12/13 - C$30.30
52 Week Low
04/15/14 - C$13.66
Market Cap
982.4M
Average Volume 10 Days
58.8K
EPS TTM
C$-2.52
Shares Outstanding
63.1M
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
Executive Vice President
Total Annual Compensation: C$440.0K
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. Announces Board Changes

Westport Innovations Inc. announced that Jill Bodkin has been elected chairman of the board of directors. Former chairman, John Beaulieu, will remain on the board as a director and has been awarded the title Chairman Emeritus. Joseph Caron, formerly of company's advisory board, has been appointed to the board of directors. A Director of public and private companies, Ms. Bodkin is also the President of Yaletown Venture Partners VCC, Vancouver, and on Boards of Valemount Glacier Destinations, Syracuse University's Maxwell School of Citizenship and Public Affairs, and Vancouver Opera. She is a Governor and former Chair of the Vancouver Board of Trade, as well as a former Director of the Laurentian Bank of Canada, KCTS 9 Television, and President of the Board of Pacific Coast Public Television.

Westport Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Reiterates Revenue Guidance for the Year Ended December 31, 2014

Westport reported consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenues of $40.0 million compared with $34.9 million for the same period last year. Net loss was $35.4 million or $0.56 per share compared with $33.9 million or $0.61 diluted per share for the same period last year. Adjusted EBITDA from operations of $1.0 million compared with an Adjusted EBITDA loss from operations of $8.9 million for the quarter ended June 30, 2013, an improvement of $9.9 million year-over-year. Cash used in operations was $28.9 million, compared with $23.1 million for the quarter ended March 31, 2014. The increase in cash used in operations during the quarter was primarily due to investments in working capital to support product sales such as the Westport iCE PACK LNG Tank System, offset by lower operating expenses and spending on investment programs. For the six months, the company reported revenues of $82.0 million compared with $64.9 million for the same period last year. Net loss was $59.2 million or $0.94 per share compared with $65.7 million or $1.18 diluted per share for the same period last year. The company reiterates its revenue guidance to be between $175 million and $185 million for the year ended December 31, 2014, which represents growth of 7 to 13% over 2013. This growth will be primarily driven by sales of new products such as the Westport iCE PACK System, the Westport WiNG Power Systems on 2015 model-year vehicles.

Westport Innovations Inc. to Report Q2, 2014 Results on Jul 31, 2014

Westport Innovations Inc. announced that they will report Q2, 2014 results After-Market on Jul 31, 2014

 

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WPT Competitors

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Company Last Change
Balqon Corp $0.08 USD 0.00
Enova Systems Inc $0.02 USD 0.00
Fuel Systems Solutions Inc $9.95 USD -0.18
Power Solutions International Inc $77.30 USD +8.95
UQM Technologies Inc $1.59 USD -0.02
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WPT

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Valuation WPT Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 5.0x
Price/Book 3.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales 3.6x
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