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.

Stockwatch Daily - - FRONT PAGE - Ms. Caro­line Sawamoto re­ports

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.

We seek Safe Har­bor.

War­ren J Baker, Brenda J Eprile, Nancy Stub­bins Gougarty, An­thony Har­ris, Colin John­ston, Scott R Mackie, Rod­ney Nunn, Peter Yu

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