Westport (WPRT) Q2 Earnings Beat Estimates, Sales Decline Y/Y [Yahoo! Finance]
Westport Fuel Systems Inc - Common Shares (WPRT)
Last westport fuel systems inc - common shares earnings: 3/17 04:30 pm
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US:NASDAQ Investor Relations:
wfsinc.com/investors/corporate-overview
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Source: Yahoo! Finance
The company had incurred a loss of 60 cents in the year-ago period. WPRT registered consolidated revenues of $83.4 million, missing the Zacks Consensus Estimate of $86 million. The top line also fell from $85 million generated in the corresponding quarter of 2023. The company delivered an adjusted EBITDA of negative $2 million compared with negative $4 million recorded in the year-ago period. Westport Fuel Systems Inc. Price, Consensus and EPS Surprise Westport Fuel Systems Inc. price-consensus-eps-surprise-chart | Westport Fuel Systems Inc. Quote Segmental Takeaways From the second quarter of 2024, Westport has started reporting its results under five reportable segments: HPDI JV, Light-Duty, High-Pressure Controls and Systems, Heavy-Duty OEM and Corporate. HPDI JV: The segment reported net sales of $4.1 million and incurred an operating loss of $2 million in the second quarter of 2024. Light-Duty: Net sales of the segment totaled $69.5 million, down from $73.7 million
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WPRT
News
- Westport Announces At-the-Market Equity Offering Program [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Westport Announces At-the-Market Equity Offering ProgramGlobeNewswire
- Westport Fuel Systems: Improved Results But Still No Visible Path To Profitability, Hold [Seeking Alpha]Seeking Alpha
- Results: Westport Fuel Systems Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates [Yahoo! Finance]Yahoo! Finance
- Westport Fuel Systems Inc. (NASDAQ: WPRT) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $22.00 price target on the stock.MarketBeat
WPRT
Earnings
- 8/13/24 - Beat
WPRT
Sec Filings
- 9/13/24 - Form 6-K
- 9/13/24 - Form SUPPL
- 8/13/24 - Form 6-K
- WPRT's page on the SEC website