Westport Fuel Systems Reports Second Quarter 2019 Financial Results

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Westport (WPRT) Misses Q2 EPS by 1c, Revenues Beat; Updates FY19 Revenue Guidance Mid-Point Guidance Above Consensus

August 8, 2019 4:26 PM EDT

Westport (NASDAQ: WPRT) reported Q2 EPS of ($0.02), $0.01 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $82.4 million versus the consensus estimate of $73.6 million.

Our Q2 2019 results demonstrate continued progress for our company: revenue growth and cost reduction resulting in improved profitability and cash flow, said David Johnson, Chief Executive Officer of Westport Fuel... More