Westport: Q1 Earnings Snapshot

Associated Press Finance
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VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Westport Innovations Inc. (WPRT) on Monday reported a loss of $10.6 million in its first quarter.

On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 6 cents.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.

The maker of natural-gas engine technology posted revenue of $82.2 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $77.5 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WPRT at https://www.zacks.com/ap/WPRT

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