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Westport Fuel Systems: Burning The Furniture To Heat The House - Sell
Westport Fuel Systems reported reasonably good fourth quarter results, with revenues coming in ahead of expectations and decent cash generation. However, a going concern warning caught market participants flat-footed. In order to alleviate the concern, the company agreed to sell its core Light-Duty operations. The transaction should extend Westport Fuel Systems' cash runway by several years but uncertainties regarding the company's ability to reinvigorate growth are likely to keep investors sidelined.
seekingalpha.com • Apr 02, 2025 08:21 Eastern
Westport Q4 Loss Wider Than Expected, Revenues Decline Y/Y
WPRT reports wider-than-expected loss in the fourth quarter. The company's revenues decline year over year.
zacks.com • Apr 01, 2025 11:45 Eastern
Westport Fuel Systems Inc. (WPRT) Q4 2024 Earnings Conference Call Transcript
Westport Fuel Systems Inc. (NASDAQ:WPRT ) Q4 2024 Earnings Conference Call March 31, 2025 1:30 PM ET Company Participants Ashley Nuell - VP, IR Dan Sceli - CEO Bill Larkin - CFO Conference Call Participants Eric Stine - Craig-Hallum Rob Brown - Lake Street Capital Markets Chris Dendrinos - RBC Capital Markets Operator Good day and thank you for standing by. Welcome to Westport's Q4 Conference Call.
seekingalpha.com • Mar 31, 2025 15:16 Eastern
Westport Innovations (WPRT) Reports Q4 Loss, Tops Revenue Estimates
Westport Innovations (WPRT) came out with a quarterly loss of $0.59 per share versus the Zacks Consensus Estimate of a loss of $0.24. This compares to loss of $0.81 per share a year ago.
zacks.com • Mar 31, 2025 08:25 Eastern
Westport Reports Fourth Quarter and Full Year 2024 Results
Improvement in key metrics drove net cash provided by operating activities of $7.2 million, which is a $20.4 million improvement over 2023 Improvement in key metrics drove net cash provided by operating activities of $7.2 million, which is a $20.4 million improvement over 2023
globenewswire.com • Mar 31, 2025 06:05 Eastern
Westport to Issue Q4 and Full Year 2024 Financial Results on March 31, 2025
VANCOUVER, British Columbia, March 19, 2025 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (TSX: WPRT / Nasdaq: WPRT) (“Westport” or “The Company”) announces that the Company will release 2024 financial results on Monday, March 31, 2025, before market open. A conference call and webcast to discuss the financial results and other corporate developments will be held on the same day: Monday, March 31, 2025.
globenewswire.com • Mar 19, 2025 17:00 Eastern
Cespira Appoints Carlos Gonzalez as President and CEO
VANCOUVER, British Columbia, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport") (TSX:WPRT / Nasdaq:WPRT), is pleased to announce that Cespira, the Company's High Pressure Direct Injection (HPDI) joint venture with Volvo Group, has appointed Carlos Gonzalez as President and CEO, effective April 1, 2025. Carlos succeeds Dan Sceli, CEO of Westport, who held the position on an interim basis since the closing of the joint venture transaction in June 2024 and will continue to sit on Cespira's board.
globenewswire.com • Jan 22, 2025 06:30 Eastern
Westport Announces Director Retirement
VANCOUVER, British Columbia, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport") (TSX:WPRT / Nasdaq:WPRT), announces that Brenda Eprile has retired from Westport's Board of Directors (the “Board”), effective January 6, 2025. The Board is currently evaluating alternatives with respect to the appointment of an independent director to fill the vacancy.
globenewswire.com • Jan 13, 2025 06:30 Eastern