Westport (WPRT) Incurs Wider-Than-Anticipated Loss in Q4 [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
It registered consolidated revenues of $87.2 million in the quarter, beating the Zacks Consensus Estimate of $82 million. The top line also rose from $78 million generated in the corresponding quarter of 2022. The company delivered an adjusted EBITDA of negative $10 million in the quarter under review compared with negative $12.9 million recorded in the year-ago period. Segmental Takeaways Original Equipment Manufacturer (OEM): Net sales of the segment totaled $61.2 million, up from $47.8 million in the fourth quarter of 2022. The upside was mainly due to higher sales volumes in the light-duty OEM and electronics businesses. Additionally, increased engineering service revenues from the heavy-duty OEM business aided results. The metric also surpassed our estimate of $50.8 million. The segment reported an operating loss of $11.7 million, narrower than a loss of $12.8 million incurred in the year-ago period and our forecast of $7.4 million. Gross margin increased to $0.8 million (1
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- Why Is Westport (WPRT) Down 14.2% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
- Westport to Issue Q1 2024 Financial Results on May 8, 2024 [Yahoo! Finance]Yahoo! Finance
- Westport to Issue Q1 2024 Financial Results on May 8, 2024PR Newswire
WPRT
Earnings
- 3/25/24 - Miss
WPRT
Sec Filings
- 4/23/24 - Form 6-K
- 4/11/24 - Form 6-K
- 3/26/24 - Form 6-K
- WPRT's page on the SEC website