Westport Fuel Systems: Improved Results But Still No Visible Path To Profitability, Hold
WPRTWestport Fuel Systems(WPRT) Seeking Alpha·2024-08-23 12:51
Scharfsinn86 Note: I have covered Westport Fuel Systems Inc. or "Westport" (NASDAQ:WPRT) previously, so investors should view this as an update to my earlier articles on the company. Last week, Westport Fuel Systems reported mixed Q2/2024 results with revenues coming in below and profitability ahead of consensus expectations mostly due to a $13.3 million gain resulting from the transfer of the company's High Pressure Direct Injection ("HPDI") operations to a recently established joint venture ("the Volv ...