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Westport reports 4Q loss

VANCOUVER, British Columbia (AP) _ Westport Innovations Inc. (WPRT) on Monday reported a loss of $43.2 million in its fourth quarter.

The Vancouver, British Columbia-based company said it had a loss of 43 cents per share. Losses, adjusted for non-recurring costs and asset impairment costs, were 24 cents per share.

The maker of natural-gas engine technology posted revenue of $80.4 million in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $74.4 million.

For the year, the company reported that its loss narrowed to $97.6 million, or $1.07 per share. Revenue was reported as $224.9 million.

In the final minutes of trading on Monday, the company's shares hit 96 cents. A year ago, they were trading at $2.86.


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


Keywords: Westport Innovations, Earnings Report