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Gold/Mining/Energy : Westport Inovations
WPRT 2.000+0.5%Oct 31 9:30 AM EST
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From: Hawkmoon7/14/2017 2:48:13 AM
1 Recommendation

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richardred

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Looks like WPRT believes they will be EBITDA positive by 2018.. This is pretty dang good news for the long suffering shareholders who saw it fall from $40..

VANCOUVER, B.C., July 13, 2017 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport Fuel Systems”) ( WPRT) ( WPRT) announced today that it expects Q2 2017 revenues to be $57-$59 million for the quarter ended June 30, 2017 and a cash balance of approximately $87 million at June 30, 2017. Westport Fuel Systems also expects to be adjusted EBITDA positive in early 2018.

Westport Fuel Systems has posted an investor presentation on its website with additional information, including a consolidated cash summary of sources and uses for the second half of 2017 and 2018. The presentation can be found at globenewswire.com



finance.yahoo.com

Hawk
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