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Westport (WPRT) 3Q Results Miss Expectations; Piper Jaffray Remains Neutral
November 11, 2015 8:19 AM ESTPiper Jaffray reiterated a Neutral rating on Westport Innovations (NASDAQ: WPRT), and cut the price target to $3.00 (from $4.50), folloing the company's 3Q earnings report. Q3 revenue of $22.3M missed consensus estimates of $36.5M. EPS of ($0.58) also compared unfavorably vs.Street estimates of ($0.36). During the earnings call, management... More
