Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.
Westport Fuel Systems Inc. (WPRT-T; WPRT-Q) reported fourth-quarter revenue increased by US$3-million to US$60.5 million over the same period last year, “largely driven by increased aftermarket revenue and shipments of the Westport HPDI 2.0 product, offset by the lower Euro against the U.S. dollar.” Analysts were expecting revenue of US$62.2-million.
Its net loss from continuing operations was US$10.4-million or a loss of 8 cents per share, compared with net loss of US$20.8-million or 14 cents per share in the same period last year. "This improvement is driven by reduced operating expenses and higher income from unconsolidated joint ventures, partially offset by lower margins," the company stated.
Minto Apartment Real Estate Investment Trust (MI.UN-T) reported fourth-quarter revenue was $21.4-million, up from $20.4-million a year ago and ahead of expectations of $20.7-million.
Net Income was $16.2-million, an increase from $4.6-million a year ago.
The Green Organic Dutchman Holdings Ltd. (TGOD-T) reported a loss of $17.6-million or 7 cents in the fourth quarter versus a loss of $6.3-million or 5 cents a year ago. Revenue was $1.9-million versus nil a year earlier, according to its MD&A documents filed on Sedar.com. Analysts were expecting a loss of 3 cents and revenue to come in at $2.4-million.