Brief: Westport Fuel Systems Reports Q4 Revenue Of $82.7 Million

Westport Fuel Systems

14/03/2022 22:25

March 14 (Reuters) - Westport Fuel Systems Inc  WPRT.TO :
    * Q4 REVENUE OF $82.7 MILLION, A DECREASE OF 1% OVER SAME
PERIOD
LAST YEAR
    * QTRLY NET INCOME OF $5.3 MILLION OR $0.03 PER SHARE
    * ARE NOT PROVIDING QUANTITATIVE GUIDANCE ON REVENUES OR
PROFITABILITY FOR 2022
    * Q4 EARNINGS PER SHARE VIEW $-0.02, REVENUE VIEW $82.5
MILLION --
REFINITIV IBES DATA
    * WE CONDUCT A SUBSTANTIAL PORTION (10 TO 15%) OF OUR LD OEM
AND
IAM BUSINESSES IN RUSSIA
    * FULL IMPACT OF COMMERCIAL AND ECONOMIC CONSEQUENCES OF
CONFLICT
ARE UNCERTAIN AT THIS TIME
    * WESTPORT FUEL SYSTEMS - CANNOT PROVIDE ASSURANCE THAT
DEVELOPMENTS IN RUSSIAN-UKRAINE CONFLICT WOULD NOT HAVE AN
ADVERSE IMPACT ON ONGOING OPERATIONS
    * WESTPORT FUELS- CANNOT PROVIDE ASSURANCE THAT DEVELOPMENTS
IN
CONFLICT WOULD NOT HAVE ADVERSE IMPACT ON FINANCIAL CONDITION OF
OUR BUSINESS IN RUSSIA

Source text for Eikon:  ID:nGNX2V1XCq 
Further company coverage:  WPRT.TO 

 ((Reuters.Briefs@thomsonreuters.com;))