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RBC Capital analyst Christopher Dendrinos maintains Westport Fuel Systems (NASDAQ:WPRT) with a Sector Perform and lowers the price target from $1.75 to $1.
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Westport Fuel Systems (NASDAQ:WPRT) reported quarterly losses of $(0.64) per share which missed the analyst consensus estimate of $(0.35) by 82.86 percent. This is a 67.68 percent increase over losses of $(1.98) per
Read original at benzingaWestport Fuel Systems Inc. held its Annual General and Special Meeting of Shareholders on June 30, 2026, in a virtual format. Shareholders approved all resolutions presented, including the election of all six nominated directors, appointment of Deloitte LLP as auditors, an advisory vote on executive compensation, and a corporate name change. Director elections received approval ranging from 91.26% to 92.17%, while the auditor appointment received 97.82% approval.
Read original at globenewswire-incWestport Fuel Systems announced a US$10 million registered direct offering of 4,854,369 common shares at US$2.06 per share, along with concurrent private placement warrants exercisable at the same price for two years. The company plans to use net proceeds for working capital and general corporate purposes. The offering is expected to close on June 23, 2026.
Read original at globenewswire-inc