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Westport Fuel Systems Q1 2024 Earnings Report

Westport Fuel Systems logo
$4.49 +0.10 (+2.28%)
As of 02/21/2025 03:59 PM Eastern

Westport Fuel Systems EPS Results

Actual EPS
-$0.79
Consensus EPS
-$0.55
Beat/Miss
Missed by -$0.24
One Year Ago EPS
N/A

Westport Fuel Systems Revenue Results

Actual Revenue
$77.57 million
Expected Revenue
$88.45 million
Beat/Miss
Missed by -$10.88 million
YoY Revenue Growth
N/A

Westport Fuel Systems Announcement Details

Quarter
Q1 2024
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

Westport Fuel Systems Earnings Headlines

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About Westport Fuel Systems

Westport Fuel Systems (NASDAQ:WPRT) engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications in Europe, Asia, North America, South America, and internationally. The company operates through two segments, Original Equipment Manufacturers and Independent Aftermarket. It offers alternative fuel systems and components, such as liquefied petroleum gas (LPG), compressed natural gas (CNG), liquefied natural gas (LNG), renewable natural gas or biomethane, and hydrogen; and pressure regulators, injectors, electronic control units, valves and filters, complete bi-fuel, mono-fuel and dual-fuel LPG and natural gas conversion kits and high-pressure hydrogen components. The company provides Westport's LNG high pressure direct injection 2.0 fuel system and bi-fuel products; offers turnkey solutions covering all process phases, including prototyping, development, calibration, validation, homologation, vehicle conversion and logistic services, as well as systems for diesel-powered vehicles; and supplies hydrogen fuel system components for light, medium, and heavy-duty applications. It offers its products under the AFS, BRC, Emer, GFI, HPDI, Stako, Prins, Zavoli, OMVL, TA Gas Technology, Vialle, and Valtek brands. The company was formerly known as Westport Innovations Inc. and changed its name to Westport Fuel Systems Inc. in June 2016. Westport Fuel Systems Inc. was incorporated in 1995 and is headquartered in Vancouver, Canada.

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