BUZZ-Westport Innovations Inc: Q4 revenue falls nearly 48 pct

Mon Mar 9, 2015 6:13pm EDT
 
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** Canadian auto parts maker's U.S.-listed shares down 10.2 pct at $5.10 after market

** Reports Q4 consolidated revenue of $27.4 mln, down 48 pct from a year earlier

** Says revenue fell mainly due to discontinuation of its first-generation Westport HPDI system and competition from gasoline-fueled vehicles due to fall in petroleum-based fuel pricing

** Says revenue also hurt by impact of foreign currency exchange

** Up to Monday's close, stock had fallen 67.5 pct in the past 12 months