Westport Fuel Systems (TSE:WPRT) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Westport Fuel Systems has reported a 14% revenue decline for Q3 2024, mainly due to transitioning its heavy-duty OEM assets to Cespira, which generated $16.2 million. Despite the revenue drop, the company improved its net loss and adjusted EBITDA by executing strategic cost-cutting measures and focusing on innovation and operational excellence.
For further insights into TSE:WPRT stock, check out TipRanks’ Stock Analysis page.
