WPRT - Westport Fuel Systems GAAP EPS of $0.04 beats by $0.09 revenue of $76.54M beats by $3.92M

Westport Fuel Systems press release (NASDAQ:WPRT): Q1 GAAP EPS of $0.04 beats by $0.09. Revenue of $76.54M (+0.1% Y/Y) beats by $3.92M. Adjusted EBITDA was negative $6.1 million. Cash position increased by $2.7 million during the first three months of 2022 to $127.6 million from $124.9 million at December 31, 2021. Gain of $19.1 million recognized for the sale of our interest in the Cummins Westport joint venture including the monetization of the related intellectual property. Shares +5.03% AH.

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Westport Fuel Systems GAAP EPS of $0.04 beats by $0.09, revenue of $76.54M beats by $3.92M