VANCOUVER, British Columbia, Sept. 30, 2022 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX: WPRT / Nasdaq: WPRT) today announced the resignation of its Chief Financial Officer (CFO), Richard Orazietti, for personal reasons. Mr. Orazietti will continue in his capacity as CFO until November 30, 2022, following the release of Westport’s third quarter 2022 results, to ensure a smooth transition and the seamless transfer of duties and responsibilities.

“On behalf of myself and the Board, I would like to thank Richard for his commitment and significant contributions to Westport,” said David Johnson, Chief Executive Officer of … Continue Reading

Westport Fuel Systems European Policy Panel “Hydrogen Mobility for Sustainable Heavy-Duty Transport,” in Brussels on September, 28th, 2022: panellists shown here are Zlatko Kregar, Policy Officer DG MOVE, European Commission and David Johnson, CEO Westport. Moderator is Cillian Totterdell, Account Director, Energy, Climate and Transport Team FleishmanHillard.

VANCOUVER, British Columbia and BRUSSELS, Belgium, Sept. 28, 2022 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX: WPRT / Nasdaq: WPRT) a global leader in low-emissions alternative fuel transportation technologies, unveiled today in Brussels to an audience of policy makers and industry representatives, its new H2 HPDI™ fuel system … Continue Reading

Westport’s HPDI fuel system allows heavy-duty trucks to deliver power and torque while dramatically reducing CO2 emissions

A game changer, without the change: Westport’s H2 HPDI fuel system gives new life to internal combustion engines (ICE)

Westport displays its H2 HPDI fuel system-equipped demonstrator truck at IAA Transportation 2022 in Hanover, Germany, September 20-25, 2022

VANCOUVER, British Columbia and HANOVER, Germany, Sept. 16, 2022 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX: WPRT / Nasdaq: WPRT) today announced its new H2 HPDI fuel system. For the first time in Europe, Westport will display its … Continue Reading

VANCOUVER, British Columbia, Aug. 29, 2022 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX: WPRT / Nasdaq: WPRT) announces the release of its 2021 Environmental, Social and Governance (“ESG”) Report outlining the company’s accomplishments within its core ESG topics of carbon footprint, operational health and safety, diversity, equity and inclusion, responsible sourcing, human rights, and ESG governance.

At Westport, sustainability is a core principle driving business strategy while keeping the focus on ESG-related risks and opportunities that determine long-term success. The Company has strengthened its governance practices and management processes, advanced stakeholder engagement, and is working … Continue Reading

VANCOUVER, British Columbia, Aug. 08, 2022 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport“) (TSX:WPRT / Nasdaq:WPRT) reported financial results for the second quarter ended June 30, 2022, and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.

SECOND QUARTER 2022 HIGHLIGHTS

Solid revenue of $80.0 million, up 1% compared to the same period in 2021 was primarily driven by the full impact of the acquisition of our fuel storage business in June 2021, and increased sales volume of our hydrogen and electronics products partially offset by lower sales volume to Russian customers in the

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VANCOUVER, British Columbia, July 18, 2022 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (TSX/Nasdaq: WPRT) announced today it will release financial results for the second quarter 2022 on Monday, August 8 after market close. A conference call and webcast to discuss the financial results and other corporate developments will be held on Tuesday, August 9, 2022.

Time: 10:00 a.m. ET (7:00 a.m. PT) Dial-in:  1-604-638-5340 or toll free at 1-800-319-4610 Webcast: https://investors.wfsinc.com/

Replay Conference Call & Webcast
To access the conference call replay, please dial 1-800-319-6413 (Canada & USA toll-free) or +1-604-638-9010 using the passcode 9088. The telephone replay will … Continue Reading

VANCOUVER, British Columbia, July 11, 2022 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX:WPRT / Nasdaq:WPRT), a global leader in low-emissions alternative fuel transportation technologies, announced today that it has been awarded a program to develop and supply liquefied petroleum gas (LPG) systems for a number of vehicle applications for a global original equipment manufacturer (OEM). The deal is forecasted to provide €38 million in revenue through the end of 2025, with production expected to begin in Q4 2023.

Westport will provide fuel systems solutions for the Euro 6 applications to this OEM, supplying the entire … Continue Reading

VANCOUVER, British Columbia, May 16, 2022 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems” or the “Company”) (TSX: WPRT / Nasdaq: WPRT) today announced that David Johnson, CEO and Scott Baker, VP – Engineering, will participate in a Fireside Chat discussion with research analysts Graham Mattison and Shawn Severson of Water Tower Research on Friday, May 20, 2022 at 11:00am ET (8:00am PT).

The Fireside Chat is open to anyone, will be webcast live and be available for replay by visiting Westport Fuel Systems’ website at investors.wfsinc.com.

The upcoming discussion will include Westport’s recently unveiled Hydrogen HPDITM … Continue Reading

VANCOUVER, British Columbia, May 06, 2022 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“WFS”) (TSX:WPRT / Nasdaq:WPRT) today reported financial results for the first quarter ended March 31, 2022 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.

FIRST QUARTER 2022 HIGHLIGHTS

Revenues of $76.5 million, comparable to the same period in 2021 against the backdrop of the Russian-Ukraine conflict and fuel price volatility. Excluding foreign exchange translation, revenues increased by approximately 6% year-over-year.

Net income of $7.7 million and net income per share of $0.05

Gain of $19.1 million recognized for the sale

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VANCOUVER, British Columbia, May 05, 2022 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“WFS” or the “Company”) (TSX:WPRT / Nasdaq:WPRT) today held its Annual and Special Meeting of Shareholders (the “Meeting”) in a virtual format. Shareholders approved all resolutions presented at the meeting including the election of all nominated directors, the appointment of KPMG LLP as the Company’s auditors, an advisory Say-on-Pay vote and amendments to Corporation By-Laws.

A summary of the results are as follows:

Business Outcome of Vote Percentage of Votes For Percentage of Votes Withheld/Against Election of Directors       Anthony Guglielmin Approved 94.89% 5.11% Brenda Eprile Approved 94.78%… Continue Reading

VANCOUVER, British Columbia, April 20, 2022 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (TSX/ Nasdaq: WPRT) will release its first quarter 2022 financial results on Friday, May 6, 2022, after market close. Westport Fuel Systems Management will host a call to review the financial results on Monday, May 9, 2022, at 10:00 am ET | 7:00 am PT.

Live Conference Call & Webcast
The general public can access the conference call by telephone by dialing 1-800-319-4610 (Canada & USA toll-free) or +1-604-638-5340. The live webcast of the conference call will be available on Westport Fuel Systems’ website at https://investors.wfsinc.com/.… Continue Reading

VANCOUVER, British Columbia, March 14, 2022 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“WFS”) (TSX:WPRT / Nasdaq:WPRT) today reported financial results for the fourth quarter and year ended December 31, 2021, and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.

FOURTH QUARTER 2021 HIGHLIGHTS

Revenue of $82.7 million, a decrease of 1% over the same period last year, reflecting manufacturing delays caused by the shortage of semiconductors in our heavy and light-duty businesses

Net income of $5.3 million or $0.03 per share; Adjusted EBITDA1 was $10.0 million, or a $1.9 million improvement year-over-year

Completed

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