Westport Innovations (WPRT) delivered more than 50,000 engines last year from its Weichai Westport joint venture, which is quite encouraging and hints towards improving prospects. Currently, it does not have any trailing or forward P/E because of its year-over-year losses. However, the developments it is making are quite impressive, which could propel its growth in the years to come.

Looking beyond the short-term weakness

These developments look quite encouraging, but the company is facing various near term headwinds, which cannot be neglected. The volatility in the crude and currency market is putting a lot of pressure on the industry. The

Insiders are buying Clean Energy Fuels (CLNE). There is plenty of fodder for the cautious, though: the company needs to make high-interest payments, and profitability is not in sight. Yet it continues growing, moderation of some expenses may be helpful, and valuation metrics are supportive of the stock.

Records show that, on March 2, CEO Andrew Littlefair made a direct purchase of 17,800 shares. Such a statement made by a company executive, as opposed to a director, can be especially favorable. The following day, Senior Vice President for Corporate Development Barclay Corbus followed up and acquired 10,000 shares.

Crude oil was all anyone could talk about in the tail-end of 2014 and the beginning of 2015 as barrel prices dropped from around $115 to $46. Now that crude oil is starting to recover, Canaccord Genuity analyst John Quealy is looking at related “companies that offer technology and product diversity.” In a report issued to investors on March 2, Quealy featured four companies under the industrial goods sector that he believes to have “a much stronger footing for share price appreciation moving through 2015 versus commodity-only driven peers.” He added, “In natural gas technologies… we find related companies

Westport Innovations (WPRT) is trying to tap growth across the globe. For example, its joint venture in China, Weichai Westport, witnessed considerable growth, mainly looking at the entire year-to-date performance and higher unit sales and revenue compared to the previous year. However, the European markets are hit hard by the incentive cut from the government, but India and China look like solid markets for growth.

Westport is continuously adjusting its long-term investments for product development and prioritizing its program spending, depending on the right market timings and partner inclination.

New products will deliver growth

Westport is working closely with major

Westport Innovations (WPRT) recently announced a 15% increase in second quarter fiscal 2014 revenue of $40.0 million compared to $34.9 million during the same period last year. Westport has specified its full-year 2014 revenue guidance in the $175 million to $185 million range representing 7 to 13% growth over 2013.

Westport Innovations reported consolidated net loss and net loss per share for the second quarter ended June 30, 2014 of $26.8 million and $0.42, respectively as compared to $37.3 million and $0.67, respectively during the same period last year.

Focus on technology

Westport shifted its focus from proof of its

Westport Innovations Inc. (WPRT), last week, announced that it has acquired Netherlands-based Prins Autogassystemen Holding B.V. (Prins) for Euro 12.2 million through a combination of Euro 6.6 million in assumed liabilities and Euro 5.6 million in cash.

Management comments

"Prins' globally respected product line, their strong track record in continuous innovation and new product introductions combined with its Original Equipment Manufacturer (OEM) relationships complement our products and OEM coverage to provide us with a great position as the go-to partner for alternative fuels solutions," said Mehran Rahbar, executive vice president, On-Road Systems & Applied Technologies of Westport. "Westport has a

Westport Innovations (WPRT) reported unimpressive financial numbers for the third quarter of 2014. Westport experienced strong competition from gasoline engines in consideration of lower oil prices. Also, the company had geopolitical instability headwinds in crucial growth markets that led to this poor performance for the quarter.

Struggling to meet expectations

The Vancouver, British Columbia company posted net sales of $25.3 million, a drop of 46% compared to the same quarter a year ago. Its revenue failed to beat the analysts estimates of $27.7 million for the quarter. However, its net loss for the quarter improved approximately 16% to $25.5 million

The maker of natural gas engine technology, Westport Innovations (WPRT) reported not so impressive results in the recently reported third quarter. The company’s revenue declined by a big margin. The stock is also unimpressive on the stock exchange and has fallen about 69% since the beginning of the year. It is trading nearly around $6.05 now.

However, Westport’s management is trying its level best to overcome this situation. It is making several strides to gain profitability and improve its market share in the coming quarters. Westport is seeking other profitable ventures which can help it to gain its lost ground.

Westport Innovations (WPRT) produced remarkable results for the second quarter as the company shifted its focus. It is counting on a strong portfolio with natural gas products in its offerings such as the Westport WiNG, Westport iCE PACK for the LNG tank system and power system for Ford vehicles. This led its on-road system revenue to shoot up nearly 57% to $11.6 million during the quarter from $7.4 million in a year ago period.

In addition, Westport delivered impressive $1.00 million positive adjusted EBITDA from its operation during the second quarter, meeting its goal of achieving the positive adjusted EBITDA

Westport Innovations (WPRT) recently released its results for the second quarter; the company posted good improvements, having achieved a significant milestone by recording a positively adjusted EBITDA. Westport is slowly gaining market share as its transition efforts continue to bear fruit.

Westport executives believe their efforts in resetting the cost structure, rebalancing the product portfolio, and optimizing organizational efficiencies have delivered the change that was required for its operational performance. However, the company is still longing to impress investors with good earnings. Let's see how Westport aligns itself to improve its earnings.

Impressive financial performance

The company's revenue clocked in

Westport Innovations (WPRT) has had an apathetic year so far. The organization's shares have declined almost 7% so far this year. In any case, in the wake of reporting its first-quarter results in right on time in May, Westport shares have taken off surprisingly. Westport has picked up close to 40%, and it would appear that the organization is set to show signs of improvement because of the developing selection of characteristic gas vehicles. Besides, as the likes of Clean Energy Fuels (CLNE) keeps building energizing infrastructure for characteristic gas vehicles, Westport's prospects should move forward.

Westport's joint efforts with

Westport Innovations (WPRT) has surged strikingly since it reported its quarterly report. Truth be told, in the course of recent months, Westport shares have picked up more than 30%. The producer of natural gas engines has done well in a competitive environment and looks set to continue its strong performance.

Strong performance

Westport's results reflect the strength of administration's decision making and execution, which have empowered it to lessen losses and boost revenue. Administration has laid some essential goals for the current fiscal. It is on track to deliver positive adjusted EBITDA by the final quarter, alongside profitable development