Westport: Q4 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 $13.9 million in its fourth quarter.

The Vancouver, British Columbia-based company said it had a loss of 81 cents per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 62 cents per share.

The maker of natural-gas engine technology posted revenue of $87.2 million in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $82 million.

For the year, the company reported a loss of $49.7 million, or $2.90 per share. Revenue was reported as $331.8 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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