Westport Fuel Systems Inc. (NASDAQ:WPRT ) Q3 2024 Results Conference Call November 13, 2024 10:00 AM ET Company Participants Ashley Nuell - Vice President, Investor Relations Dan Sceli - Chief Executive Officer and Director Bill Larkin - Chief Financial Officer Conference Call Participants Amit Dayal - H.C. Wainwright Eric Stine - Craig-Hallum Rob Brown - Lake Street Capital Markets MacMurray Whale - Cormark Securities Jeff Osborne - TD Cowen Operator Good day, and thank you for standing by.
Westport Innovations (WPRT) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.41. This compares to loss of $0.68 per share a year ago.
Westport Fuel Systems reported mixed Q2/2024 results, with slight revenue pressure being offset by materially improved gross margins. The company finished the quarter with $49.9 million in pro forma cash and cash equivalents, as well as $44.2 million in debt obligations. Following the recent transfer of the company's HPDI operations to a new joint venture with Volvo, operating expenses and cash usage should come down substantially going forward.
Westport's (WPRT) second-quarter earnings beat the Zacks Consensus Estimate, while revenues miss the same.
Westport Fuel Systems Inc. (NASDAQ:WPRT ) Q2 2024 Earnings Call August 14, 2024 10:00 AM ET Company Participants Ashley Nuell - Vice President, Investor Relations Dan Sceli - Chief Executive Officer and Director Bill Larkin - Chief Financial Officer Conference Call Participants Eric Stine - Craig-Hallum Chris Dendrinos - RBC Capital Markets Colin Rusch - Oppenheimer & Company Rob Brown - Lake Street Capital Markets Jeff Osborne - TD Cowen Operator Good day and thank you for standing by. Welcome to the Westport Fuel Systems Q2 2024 Conference Call.
Westport Innovations (WPRT) came out with a quarterly loss of $0.43 per share versus the Zacks Consensus Estimate of a loss of $0.55. This compares to loss of $0.60 per share a year ago.
Westport (WPRT) reported earnings 30 days ago. What's next for the stock?
Westport (WPRT) and Volvo launch JV to expedite the commercialization and global adoption of WPRT's HPDI fuel system technology.
Westport (WPRT) is poised to gain from HPDI fuel system technology and Euro 6 and Euro 7 LPG programs amid delayed production in China and strong competition.
Westport (WPRT) reports lower-than-expected first-quarter results. Revenues decline year over year.