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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Westport Fuel Systems.
Based on Westport Fuel Systems’ latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of C$6.34 million. In comparison, last year the company had a GAAP net loss of C$19.6 million.
Westport Fuel Systems, Inc. engages in the manufacture of alternative fuel systems and components. It operates through the following business segments: Transportation, CWI Joint Venture and Corporate.
The company’s shares closed on Thursday at C$3.68.