WPRT Stock Recent News

VANCOUVER, British Columbia, April 17, 2025 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (TSX: WPRT / Nasdaq: WPRT) (“Westport” or the “Company”) announces that the Company will release Q1 2025 financial results on Tuesday, May 13, 2025, after market close. A conference call and webcast to discuss the financial results and other corporate developments will be held on Wednesday, May 14, 2025.

WPRT is poised to gain from the HPDI joint venture with Volvo and two contracts from European OEM amid its lack of sufficient liquidity.

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.

WPRT reports wider-than-expected loss in the fourth quarter. The company's revenues decline year over year.

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.

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.

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

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.

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.

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.