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Westport Fuel Systems Inc. is set to release its Q1 2024 financial results on May 8, 2024, followed by a conference call and webcast on May 9, 2024, to discuss the results and corporate developments.
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0.34%
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Westport Fuel Systems Inc. welcomes the EU's revised CO2 emissions reduction targets for heavy-duty vehicles, with a focus on achieving climate neutrality. Their H2 HPDI fuel system solution is aligned with ZEV regulations, offering a cost-effective and high-performance option for decarbonization in the transportation industry.
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-2.64%
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Westport Fuel Systems Inc. reported financial results for Q4 and FY 2023, showcasing record revenues despite challenges. The company aims for sustainable growth, operational efficiency, and innovation in the hydrogen-powered future. Financially, revenue reached $331.8 million for 2023, with a net loss of $49.7 million. Adjusted EBITDA loss was $21.5 million. Westport's operational highlights include partnerships in the locomotive and heavy truck industries, setting the stage for future growth.
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-5.8%
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Westport Fuel Systems Inc. reschedules financial results release due to investment agreement for HPDI fuel system joint venture.
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-3.46%
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Westport Fuel Systems Inc. announces a joint venture with Volvo Group to accelerate the commercialization of their HPDI™ fuel system technology for long-haul and off-road applications. Volvo Group will acquire a 45% interest in the JV for approximately US$28 million, with potential additional payments based on JV performance.
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End-of-Day
19.6%
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Westport Fuel Systems Inc. (WPRT) will release its Q4 2023 financial results on March 18, 2024, followed by a conference call on March 19, 2024. Investors can join the call to discuss the financial results and corporate updates.
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-0.52%
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Westport Fuel Systems Inc. announced a proof-of-concept project with a leading global supplier of power solutions for marine applications to test Westport's High Pressure Direct Injection fuel system utilizing methanol. The project is fully funded by the OEM and is expected to run for approximately nine months. This marks the potential expansion of Westport's HPDI fuel system beyond LNG and hydrogen applications, offering an economical and efficient pathway to decarbonize the marine sector.
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8.51%
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Westport Fuel Systems Inc. announced the appointment of Dan Sceli as the new CEO, replacing Tony Guglielmin. Dan brings over three decades of experience in the automotive and manufacturing sectors, with a track record of driving profitable growth and enhancing productivity. The company aims to generate value for all stakeholders under Dan's leadership, focusing on innovation and sustainable transportation solutions.
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-1.67%
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Westport Fuel Systems Inc. (WPRT) Awarded $33M Development Program for Next Generation LNG HPDI™ Fuel System to Meet Euro 7 Emissions Standards
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0.85%
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Westport Fuel Systems Inc. (WPRT) successfully completed a heavy transport demonstration with KAJ Inrikes, showcasing the H2 HPDI™ fuel system-equipped prototype truck hauling an IKEA-filled trailer in Sweden. The collaboration includes fleet operators, hydrogen fuel providers, and infrastructure companies. The H2 HPDI fuel system delivers a robust and affordable solution with higher power and torque than diesel engines, meeting the European Commission's Zero Emission Vehicle definition. The technology is an important step in accelerating decarbonization in the heavy-duty transport industry.
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2.05%
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Westport Fuel Systems Inc Common Shares
Nasdaq:WPRT
WPRT Rankings
WPRT Stock Data
105.23M
15.28M
10.86%
12.9%
2.84%
Heavy Duty Truck Manufacturing
Manufacturing
United States of America
Vancouver
About WPRT
at westport fuel systems, we are driving innovation to power a cleaner tomorrow. we are inventors, engineers, manufacturers and suppliers of advanced clean-burning fuel systems and components that can change the way the world moves. our technology delivers performance, fuel efficiency and environmental benefits to address the challenges of global climate change and urban air quality. headquartered in vancouver, canada, we serve our customers in more than 70 countries with leading global transportation brands. at westport fuel systems, we think ahead. for more information, visit www.wfsinc.com.