Westport Innovations loss widens on lower revenue

Newswire

VANCOUVER, British Columbia, Jan 24 (Reuters) - Westport Innovations Inc. reported a wider third-quarter loss on Friday, but the developer of alternative-fuel engines sees revenues rebounding in the next fiscal year. The firm said it lost C$12.2 million, or 24 Canadian cents a share, for the quarter ended Dec. 31, compared with a loss of C$9 million, or 21 Canadian cents a share, a year earlier. Revenues dropped to C$5.65 million from C$14.9 million. Westport said decline was in line ...

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