Westport estimates $57M to $59M in Q2 revenue
Westport Fuel Systems Inc. has estimated revenue of $57-million to $59-million in the second quarter ended June 30, 2017. It has posted an investor presentation on its website.
WESTPORT FUEL Systems Inc. expects second quarter 2017 revenues to be $57-million to $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 the company’s website.
This press release includes financial outlook information for Westport Fuel Systems, and such information is being provided for the purpose of forecasting Westport Fuel Systems’ second quarter 2017 revenues and cash balance at June 30, 2017, and to understand sources and uses of cash for the second half of 2017 and calendar year 2018, and may not be appropriate for, and should not be relied upon for, other purposes.
About Westport Fuel Systems Inc.
At Westport Fuel Systems, it is driving innovation to power a cleaner tomorrow. It is composed of inventors, engineers, manufacturers and suppliers of advanced clean-burning fuel systems and components that can change the way the world moves. Its technology delivers performance, fuel efficiency and environmental benefits to address the challenges of global climate change and urban air quality. Headquartered in Vancouver, Canada, it serves its customers in more than 70 countries with leading global transportation brands.
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Warren J Baker, Brenda J Eprile, Nancy Stubbins Gougarty, Anthony Harris, Colin Johnston, Scott R Mackie, Rodney Nunn, Peter Yu
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