Westport Fuel Systems (WPRT) held its Q4 2024 earnings call on March 31, 2025, led by CEO Dan Sceli and CFO Bill Larkin. The company reported a 9% decrease in annual revenue to $302.3 million, with Q4 revenue down 14% to $75.1 million, attributed to business transitions. Despite these declines, Westport improved gross margins and achieved positive net cash from operations, while announcing a strategic transaction to divest its light-duty business, aiming to focus on solutions for hard-to-decarbonize heavy-duty transport and industrial sectors.
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