Westport Fuel Systems Inc. (WPRT) CEO David Johnson on Q1 2020 Results - Earnings Call Transcript

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Q1: 2020-06-04 Earnings Summary

EPS of -$1.10 misses by $0.58
 | Revenue of $67.20M (-8.20% Y/Y) beats by $5.75M

Westport Fuel Systems Inc. (NASDAQ:WPRT) Q1 2020 Earnings Conference Call June 5, 2020 10:30 AM ET

Company Participants

Shawn Severson - IR, alphaDIRECT Advisors
David Johnson - Chief Executive Officer
Richard Orazietti - Chief Financial Officer

Conference Call Participants

Eric Stine - Craig-Hallum Capital Group LLC
Robert Brown - Lake Street Capital Markets, LLC
Colin Rusch - Oppenheimer & Co. Inc.
Sameer Joshi - H.C. Wainwright & Co., LLC
Jeffrey Osborne - Cowen and Company

Operator

Thank you for standing by. This is the conference operator. Welcome to the Westport Fuel Systems’ First Quarter 2020 Results Conference Call. As a reminder, all participants are in listen-only mode and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. [Operator Instructions].

I would now like to turn the conference over to Shawn Severson with alphaDIRECT Advisors, Westport’s Investor Relations representative. Please go ahead, Mr. Severson.

Shawn Severson

Thank you, and good morning, everyone. Welcome to Westport Fuel Systems first quarter conference call, which is being held to coincide with the press release containing Westport Fuel Systems financial results that was distributed yesterday.

On today’s call, speaking on behalf of Westport Fuel Systems is Chief Executive Officer, David Johnson; and Chief Financial Officer, Richard Orazietti. Attendance on this call is open to the public and to media, but questions will be restricted to the investment community.

You are reminded that certain statements made in this conference call and our responses to various questions may constitute forward-looking statements within the meaning of the U.S. and applicable Canadian securities laws, and as such forward-looking statements are made based on our current expectations and involve certain risks and uncertainties.

Actual results may differ materially from those projected in the forward-looking statements, so you are cautioned not to place undue reliance

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