WPRT - Westport Fuel Systems EPS misses by $0.01 beats on revenue

Westport Fuel Systems (WPRT): Q1 GAAP EPS of -$0.02 misses by $0.01.Revenue of $76.4M (+13.7% Y/Y) beats by $3.81M.Adjusted EBITDA of $2.7M compared to negative $3.6M in 1Q20."2021 launched with solid first quarter revenue growth in our OEM business compared to the same period last year, despite the ongoing challenges brought on by COVID-19. We have set targets to grow our business to $1 billion in annual revenue by mid-decade at industry standard margins, with a large market to serve, global partners, an impressive portfolio of products and patents, and an exceptional team dedicated to delivering clean solutions that are enabling the energy transition around the globe," says David M. Johnson, Chief Executive Officer of Westport Fuel Systems.Press Release

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Westport Fuel Systems EPS misses by $0.01, beats on revenue