Westport Fuel Systems Reports Q3 Earnings Beat on Revenue and EPS
Westport Fuel Systems (AETR) reported third-quarter financial results that exceeded analyst expectations for both earnings per share and revenue. The company posted a GAAP EPS of -$0.13, which outperformed estimates by $0.12. Revenue for the quarter reached $2.59 million, representing a significant year-over-year increase of 61.9%. This figure also surpassed market expectations by $0.34 million, signaling strong top-line growth despite the ongoing net loss.
Tickers: $AETR
Topics: earnings beat GAAP EPS revenue growth