Westport Fuel Systems Inc.

Equities

WPRT

CA9609085076

Auto, Truck & Motorcycle Parts

Market Closed - Toronto S.E. Other stock markets 03:59:54 2024-04-26 pm EDT			5-day change	1st Jan Change
7.77 ^CAD	+0.78%		-1.40%	-10.89%

Apr. 11	Westport Fuel Systems Notes EU Regulatory Agreement Cutting CO2 Emissions in Heavy-duty Road Transport Sector	MT
Apr. 11	Westport's Alternative Fuel Technologies Can Play an Important Role in Meeting the Strengthened European Decarbonization Targets for Heavy-Duty Vehicles	CI

Westport Fuel Systems Inc. Reports Earnings Results for the Full Year Ended December 31, 2023

March 25, 2024 at 05:03 pm EDT

Westport Fuel Systems Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 331.8 million compared to USD 305.7 million a year ago. Net loss was USD 49.72 million compared to USD 32.7 million a year ago.

Basic loss per share from continuing operations was USD 2.9 compared to USD 1.91 a year ago. Diluted loss per share from continuing operations was USD 2.9 compared to USD 1.91 a year ago.

Latest news about Westport Fuel Systems Inc.

Westport Fuel Systems Notes EU Regulatory Agreement Cutting CO2 Emissions in Heavy-duty Road Transport Sector	Apr. 11	MT
Westport's Alternative Fuel Technologies Can Play an Important Role in Meeting the Strengthened European Decarbonization Targets for Heavy-Duty Vehicles	Apr. 11	CI
Aris Mining Appoints Orazietti as its Chief Financial Officer	Apr. 08	MT
Westport Fuel Systems Price Target Lowered to US$9 at RBC	Mar. 27	MT
RBC Trims Price Target on Westport Fuel Systems to $9 From $10 Amid Q4 Earnings Miss; Sector Perform, Speculative Risk Kept	Mar. 27	MT
RBC Capital Markets Comments On Westport Fuel Systems' Q4 2023 Results	Mar. 26	MT
Transcript : Westport Fuel Systems Inc., Q4 2023 Earnings Call, Mar 26, 2024	Mar. 26
North American Morning Briefing : Markets Steady as Traders Eye Next Inflation Gauge	Mar. 26	DJ
Westport Fuel Systems Down 17% After Hours as Its Q4 Loss Narrows on Higher Sales	Mar. 25	MT
Westport Brief: Net loss for the fourth quarter in 2023 US$13.9 million, or $0.81 loss per share, compared to net loss of $16.9 million, or $1.00 loss per share, for the same period in 2022	Mar. 25	MT
Westport Brief: Revenue of US$87.2 million for the fourth quarter	Mar. 25	MT
Westport Fuel Systems Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 25	CI
North American Morning Briefing : Tech in Focus on -2-	Mar. 25	DJ
Westport Brief: Rescheduled Q4 And 2023 Audited Financial Results Release To Post-Market On March 25, 2024	Mar. 12	MT
North American Morning Briefing : Inflation Data -2-	Mar. 12	DJ
Westport Fuel Shares Higher after Volvo Invests $28 Million in Joint Venture	Mar. 11	MT
Toronto Stocks Edge Lower; Ballard Power Systems Slides as 4Q Loss Widens, Order Backlog Shrinks	Mar. 11	DJ
Westport Shares Rally After JV Agreement Signed With Volvo	Mar. 11	DJ
Powell's Remarks Push Exchange-Traded Funds, Equity Futures Lower Pre-Bell Monday Ahead of CPI Data	Mar. 11	MT
AB Volvo to Form Green Fuel JV With Westport Fuel Systems	Mar. 11	MT
Volvo, Westport Fuel Systems Partner to Cut Long-Haul Emissions	Mar. 11	DJ
Volvo Group Signs Agreement with Westport for Joint Venture to Reduce CO2 Emissions from Long Haul Transport	Mar. 11	CI
Westport Fuel Systems Reports Investment Agreement to Set Up Joint Venture With Volvo Group	Mar. 11	MT
Westport Brief: Announced Signing of Investment Agreement to Establish Previously Announced Joint Venture with Volvo Group	Mar. 11	MT
Westport Fuel Systems Reports Methanol HPDI Project With Global Supplier of Power Services for Marine Applications; Up 3.6%	Feb. 26	MT

Chart Westport Fuel Systems Inc.

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Company Profile

Westport Fuel Systems Inc. is focused on engineering, manufacturing, and supplying alternative fuel systems and components for transportation applications. Its product offerings sold under a range of established global brands enable the use of a number of alternative fuels in the transportation sector that provide environmental and/or economic advantages as compared to diesel, gasoline, batteries or fuel cell powered vehicles. Its fuel systems and associated components control the pressure and flow of alternative fuels, including liquid petroleum gas, compressed natural gas, liquified natural gas, renewable natural gas or biomethane, and hydrogen. The Company supplies its products in more than 70 countries through a network of distributors, service providers for the aftermarket and directly to original equipment manufacturers and Tier 1 and Tier 2 OEM suppliers. Its products and services are available for passenger car and light-, medium- and heavy-duty truck and off-road applications.

Sector

Auto, Truck & Motorcycle Parts

Calendar

2024-05-07 - Q1 2024 Earnings Release

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Ratings for Westport Fuel Systems Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

5.676 USD

Average target price

79.43 USD

Spread / Average Target

+1,299.41%

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Quarterly earnings - Rate of surprise

Company calendar

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Engine & Powertrain Systems