Westport Fuel Systems Inc. is a leading global provider of innovative fuel system technologies that enable vehicle manufacturers to offer cleaner and more efficient options for powering transportation
The company specializes in the development and production of advanced solutions for natural gas and alternative fuel applications, catering to both light-duty and heavy-duty vehicles. With a focus on reducing greenhouse gas emissions and enhancing energy efficiency, Westport collaborates with automotive manufacturers to integrate its cutting-edge technologies into their designs, contributing to a sustainable future in the automotive industry.
VANCOUVER, British Columbia, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport") (TSX:WPRT / Nasdaq:WPRT), is pleased to announce that Cespira, the Company’s High Pressure Direct Injection (HPDI) joint venture with Volvo Group, has appointed Carlos Gonzalez as President and CEO, effective April 1, 2025. Carlos succeeds Dan Sceli, CEO of Westport, who held the position on an interim basis since the closing of the joint venture transaction in June 2024 and will continue to sit on Cespira’s board.
VANCOUVER, British Columbia, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport") (TSX:WPRT / Nasdaq:WPRT), announces that Brenda Eprile has retired from Westport’s Board of Directors (the “Board”), effective January 6, 2025. The Board is currently evaluating alternatives with respect to the appointment of an independent director to fill the vacancy.
Transition of Heavy-Duty OEM assets into Cespira, where they generated revenue of $16.2 million outweighs quarter-over-quarter revenue decline of $11.2 million
VANCOUVER, British Columbia, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (TSX: WPRT / Nasdaq: WPRT) (“Westport” or “The Company”) announces that the Company will release financial results for the third quarter of 2024 on Tuesday, November 12, 2024, after market close. A conference call and webcast to discuss the financial results and other corporate developments will be held on Wednesday, November 13, 2024.
VANCOUVER, British Columbia, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (TSX: WPRT / Nasdaq: WPRT) (“Westport” or “The Company”) announces that it has established an at-the-market equity offering program (the “ATM Program”) that allows the Company to issue and sell up to US$35,000,000 (or its Canadian dollar equivalent) of common shares of the Company (the “Common Shares”) from treasury to the public, from time to time, at the Company’s discretion.
VANCOUVER, British Columbia, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport") (TSX:WPRT / Nasdaq:WPRT), a leading supplier of advanced alternative fuel systems and components for the global transportation industry, reported financial results for the second quarter ended June 30, 2024, and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.
VANCOUVER, British Columbia, July 25, 2024 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (TSX: WPRT / Nasdaq: WPRT) (“Westport” or “The Company”) announces that the Company will release financial results for the second quarter of 2024 on Tuesday, August 13, 2024, after market close. A conference call and webcast to discuss the financial results and other corporate developments will be held on Wednesday, August 14, 2024.
Event Highlights Joint Venture’s Role in Global Adoption of HPDI™ Fuel System,Advancing Commercial Transportation to Smarter, Cleaner Power with IC Engines
WPRT stock results show that Westport Fuel Systems missed analyst estimates for earnings per share and missed on revenue for the first quarter of 2024.
Shares of Westport Fuel Systems Inc. (NASDAQWPRT) fell sharply during Tuesday’s session after posting a wider-than-expected fourth-quarter loss. Westport Fuel Systems posted a quarter loss of 81 cents per share, compared to market expectations for a loss of 51 cents per share.
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