Reports Q1 revenue $71.0M, consensus $70.96M. Cash and cash equivalents were $32.6M at the end of the first quarter. Westport (WPRT) notes that its Cespira joint venture revenue was $16.7M with a net loss attributable to the company of $3.9M for Q1. CEO Dan Sceli commented, “We continue to make significant strides in transforming Westport and sharpening our strategic focus… We’re seeing the impact of our efforts in our recent results – we significantly improved our net loss to $2.5 million in Q1 of 2025 from a net loss of $13.6 million in Q1 of 2024.”
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