Think Equity’s Woodburn Maintains Westport (Nasdaq:WPRT) at BUY – Loweres Revenue Forecast
Small Cap Pulse (November 4th, 2009) Writes:
Small Cap Pulse (November 4th, 2009) Writes:
Stuart Smith (September 23rd, 2009) Writes:
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Small Cap Pulse (February 12th, 2009) Writes:
February 12, 2009 ndash; Analyst Comments ndash; Think Equityrsquo;s David Woodburn weighed in on Westport Innovations (Nasdaq:WPRT) with a headline that ldquo;In-Line Revenues Never Looked So Good.rdquo; Woodburn rates WPRT at a BUY with a price target of $9, up 54% from current levels.
Westport Q3 Financial Results
middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Consolidated revenues of $31.1 million, compared with $19.3 million for the same period last year, up 61%
middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; For nine months, consolidated revenues of $95.6 million, up 70% Y/Y
middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Net loss of $8.9 million, or $0.28 for the quarter, compared to net income of $7.4 million, or $0.28 per share for the same period last year
middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; For nine months, net loss of $11.7 million, or $0.39 per share, compared to a net loss of $2.2 million, or $0.09 per share for the same period last yearmiddot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Cash and short term investments of $88.8 million as of December 31, 2008nbsp;
Woodburnrsquo;s Take
middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Total revenues for …