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FSYS - Fuel Systems Solutions, Inc.
Fuel
Systems Solutions, Inc. (FSYS) was a company that designed,
manufactured, and supplied alternative fuel components and systems for
use in transportation and industrial applications. The company offered
a range of products, including natural gas regulators, injectors, and
fuel storage systems. Fuel Systems Solutions was headquartered in
Santa Ana, California.
However, Fuel Systems Solutions, Inc.
has been acquired by Westport Fuel Systems Inc., and the FSYS stock is
no longer trading.
Prior to the acquisition, Fuel Systems
Solutions had a market capitalization of approximately $89 million.
The company's total revenue for the fiscal year 2016 was $361.3
million, representing a decrease from $402.3 million in the previous
year. Net loss for the same period was $43.7 million, an increase from
a net loss of $11.2 million in the previous year.
Fuel Systems
Solutions had a strong focus on developing and promoting alternative
fuel solutions, and was a leader in the natural gas vehicle industry.
The company had a diverse portfolio of products and solutions, and had
established a strong reputation for quality and innovation in the
market.
The alternative fuel industry is subject to various
risks, including changes in government policies, fluctuating fuel
prices, and increased competition. However, Fuel Systems Solutions'
experienced management team, diverse product portfolio, and focus on
innovation and quality should have positioned it well for continued
success in the future, under the ownership of Westport Fuel Systems
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