Westport Fuel Systems Inc narrowed forth quarter of 2024 net loss per share of $-1.27 compare to net loss per share of $-2.90 recorded in the same quarter a year ago a decrease compare to $0.00 realized in previous quarter.
forth quarter of 2024
Earnings Per Share
Revenues
$ -1.27
$
302 Mill
$+1.63
$-30M-9.1 %
Westport Fuel Systems Inc 's Revenue
fell by
-9.1 % in forth quarter of 2024 (Dec 31 2024) year on year,
to $302 million and
advanced by
sequentially.
Westport Fuel Systems Inc in the forth quarter of 2024 recorded net loss of $-21.841 million, an improvement compare to net loss of $-49.718 million in IV. Quarter a year ago.
Sequentially
company realized a net loss, compared to net income of $0.000 million in the previous quarter.
Westport Fuel Systems Inc Inventories Inventories declined by -20.74 % to $53.53 million from IV. Quarter a year ago, sequentially inventories fell by 0 %.
In Dec 31 2024 company's net cash and cash equivalents decreased by $-17 million, capital expenditures fell by -15.5748.66%, to $-17 millions compare to same quarter a year ago
Westport Fuel Systems Inc, a leading global supplier of advanced alternative fuel systems and components, has recently made significant strides in the industry. The Vancouver-based company has been awarded a development contract by a prominent global heavy truck manufacturer to adapt and commercialize the next generation of Liquified Natural Gas High Pressure Direct Injection (LNG HPDI) fuel system for the Euro 7 vehicle platform. This collaboration positions Westport as a key player in the global alternative fuel systems market, with the potential to revolutionize the transportation industry. The LNG HPDI technology is a groundbreaking innovation that combines the efficiency of diesel fuel with the low ...
