<p>西港燃料系统（美国）((TSE:WPRT)) 已举行其第三季度财报电话会议。请继续阅读会议的主要亮点。</p>
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<p>在最新的财报电话会议中，西港燃料系统（美国）呈现出混合的情绪。公司庆祝了一些显著成就，包括 Cespira 收入的大幅增长、毛利率的改善以及强劲的现金状况。然而，这些积极因素被整体收入下降、净亏损增加、负调整后 EBITDA 和外汇损失所抵消。向重型系统的战略转变是有前景的，但挑战依然存在。</p>
<h2>Cespira 收入增长</h2>
<p>Cespira 的收入在与去年同期相比增长了 19%，本季度达到了 1930 万美元。这一增长主要得益于更高的销量，展示了 Cespira 作为西港主要收入驱动因素的潜力。</p>
<h2>毛利率改善</h2>
<p>西港报告称其毛利率显著改善，从 2024 年第三季度的 14% 上升至 2025 年第三季度的 31%。这一提升归因于高毛利的工程服务收入，反映了公司优化盈利能力的努力。</p>
<h2>强劲的现金状况</h2>
<p>公司在本季度结束时拥有强劲的现金状况，达到 3310 万美元，并将未偿债务减少至 390 万美元。这一财务增强为西港提供了支持其战略举措的坚实基础。</p>
<h2>专注于重型和替代燃料系统的战略</h2>
<p>在剥离轻型业务后，西港现在专注于其核心的重型和替代燃料系统。这一战略转变旨在利用新兴市场机会，并与公司的长期愿景保持一致。</p>
<h2>收入下降</h2>
<p>西港本季度的收入下降至 160 万美元，低于去年同期的 490 万美元。这一下降主要是由于轻型业务的剥离，突显了公司正在经历的过渡阶段。</p>
<h2>负调整后 EBITDA</h2>
<p>公司报告本季度的负调整后 EBITDA 为 590 万美元，而去年同期为负 80 万美元。这一下降受到毛利下降和运营支出增加的影响。</p>
<h2>净亏损增加</h2>
<p>西港来自持续运营的净亏损在本季度增加至 1040 万美元，而去年同期的净亏损为 600 万美元。这主要是由于运营支出增加和外汇损失。</p>
<h2>外汇损失</h2>
<p>公司本季度确认外汇损失为 130 万美元，而去年同期则获得了 170 万美元的收益。这些损失影响了整体净亏损，增加了西港面临的财务挑战。</p>
<h2>前瞻性指导</h2>
<p>展望未来，西港预计将进一步降低成本，预计到 2026 年资本支出将减少 60%，销售和管理费用将减少 15%。公司专注于其核心的重型和替代燃料系统市场，预计 Cespira 合资企业和北美市场的新 CNG 解决方案将有重大进展。这些战略举措旨在推动未来增长并提高运营效率。</p>
<p>总之，西港燃料系统（美国）在财报电话会议中呈现出混合的结果，既有成就也有挑战。尽管公司在其战略重点领域取得了进展，但仍面临财务障碍。前瞻性指导表明公司致力于降低成本和市场扩展，为未来提供了谨慎乐观的展望。</p>

WPRT

<p>Westport Fuel Systems 举行了第三季度财报电话会议，公布了混合的业绩结果。主要亮点包括 Cespira 的收入增长 19%，毛利率改善至 31%，以及强劲的现金储备 3310 万美元。然而，公司面临收入下降至 160 万美元，净亏损增加至 1040 万美元，以及调整后 EBITDA 为负 590 万美元。Westport 在剥离轻型部门后，正将重点转向重型系统，并计划进行成本削减和市场扩展。尽管面临持续的财务挑战，前景依然谨慎乐观</p>

<p>Westport Fuel Systems (US) ((TSE:WPRT)) has held its Q3 earnings call. Read on for the main highlights of the call.</p>
<div class="lb-trans"><p>西港燃料系统（美国）((TSE:WPRT)) 已举行其第三季度财报电话会议。请继续阅读会议的主要亮点。</p>
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<div class="lb-trans"><h3>认识您的 ETF 人工智能分析师</h3>
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<div class="lb-trans"><ul>
<li>了解 TipRanks 的_ETF_人工智能分析师如何帮助您做出更明智的投资决策</li>
<li>探索 TipRanks 用户喜爱的 ETF，并查看 <strong>_ETF_人工智能分析师</strong> 对您关注的 ETF 所揭示的见解。</li>
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</div><p>In the latest earnings call, Westport Fuel Systems (US) presented a mixed sentiment. The company celebrated notable achievements, including a significant increase in Cespira’s revenue, an improved gross margin, and a robust cash position. However, these positives were tempered by an overall revenue decline, increased net loss, negative adjusted EBITDA, and foreign exchange losses. The strategic shift towards heavy-duty systems is promising, yet challenges persist.</p>
<div class="lb-trans"><p>在最新的财报电话会议中，西港燃料系统（美国）呈现出混合的情绪。公司庆祝了一些显著成就，包括 Cespira 收入的大幅增长、毛利率的改善以及强劲的现金状况。然而，这些积极因素被整体收入下降、净亏损增加、负调整后 EBITDA 和外汇损失所抵消。向重型系统的战略转变是有前景的，但挑战依然存在。</p>
</div><h2>Cespira Revenue Increase</h2>
<div class="lb-trans"><h2>Cespira 收入增长</h2>
</div><p>Cespira’s revenue saw a notable increase of 19% over the same period last year, reaching $19.3 million in the quarter. This growth was primarily driven by higher volumes, showcasing the potential of Cespira as a key revenue driver for Westport.</p>
<div class="lb-trans"><p>Cespira 的收入在与去年同期相比增长了 19%，本季度达到了 1930 万美元。这一增长主要得益于更高的销量，展示了 Cespira 作为西港主要收入驱动因素的潜力。</p>
</div><h2>Improved Gross Margin</h2>
<div class="lb-trans"><h2>毛利率改善</h2>
</div><p>Westport reported an impressive improvement in its gross margin, which rose to 31% in Q3 2025 from 14% in Q3 2024. This enhancement was attributed to higher-margin engineering services revenue, reflecting the company’s efforts to optimize its profitability.</p>
<div class="lb-trans"><p>西港报告称其毛利率显著改善，从 2024 年第三季度的 14% 上升至 2025 年第三季度的 31%。这一提升归因于高毛利的工程服务收入，反映了公司优化盈利能力的努力。</p>
</div><h2>Strong Cash Position</h2>
<div class="lb-trans"><h2>强劲的现金状况</h2>
</div><p>The company ended the quarter with a strong cash position of $33.1 million and reduced its outstanding debt to $3.9 million. This financial strengthening provides Westport with a solid foundation to support its strategic initiatives.</p>
<div class="lb-trans"><p>公司在本季度结束时拥有强劲的现金状况，达到 3310 万美元，并将未偿债务减少至 390 万美元。这一财务增强为西港提供了支持其战略举措的坚实基础。</p>
</div><h2>Strategic Focus on Heavy-Duty and Alternative Fuel Systems</h2>
<div class="lb-trans"><h2>专注于重型和替代燃料系统的战略</h2>
</div><p>Following the divestiture of its Light-Duty segment, Westport is now concentrating on its core heavy-duty and alternative fuel systems. This strategic shift is aimed at capitalizing on emerging market opportunities and aligning with the company’s long-term vision.</p>
<div class="lb-trans"><p>在剥离轻型业务后，西港现在专注于其核心的重型和替代燃料系统。这一战略转变旨在利用新兴市场机会，并与公司的长期愿景保持一致。</p>
</div><h2>Revenue Decline</h2>
<div class="lb-trans"><h2>收入下降</h2>
</div><p>Westport experienced a revenue decline to $1.6 million for the quarter, down from $4.9 million in the same quarter last year. This decrease was largely due to the divestiture of the Light-Duty business, highlighting the transitional phase the company is undergoing.</p>
<div class="lb-trans"><p>西港本季度的收入下降至 160 万美元，低于去年同期的 490 万美元。这一下降主要是由于轻型业务的剥离，突显了公司正在经历的过渡阶段。</p>
</div><h2>Negative Adjusted EBITDA</h2>
<div class="lb-trans"><h2>负调整后 EBITDA</h2>
</div><p>The company reported a negative adjusted EBITDA of $5.9 million for the quarter, compared to negative $0.8 million in the same quarter last year. This decline was influenced by lower gross profit and increased operating expenditures.</p>
<div class="lb-trans"><p>公司报告本季度的负调整后 EBITDA 为 590 万美元，而去年同期为负 80 万美元。这一下降受到毛利下降和运营支出增加的影响。</p>
</div><h2>Net Loss Increase</h2>
<div class="lb-trans"><h2>净亏损增加</h2>
</div><p>Westport’s net loss from continuing operations increased to $10.4 million for the quarter, compared to a net loss of $6 million for the same quarter last year. This was mainly due to increased operating expenditures and foreign exchange losses.</p>
<div class="lb-trans"><p>西港来自持续运营的净亏损在本季度增加至 1040 万美元，而去年同期的净亏损为 600 万美元。这主要是由于运营支出增加和外汇损失。</p>
</div><h2>Foreign Exchange Losses</h2>
<div class="lb-trans"><h2>外汇损失</h2>
</div><p>The company recognized foreign exchange losses of $1.3 million this quarter, compared to a gain of $1.7 million in the same period last year. These losses impacted the overall net loss, adding to the financial challenges faced by Westport.</p>
<div class="lb-trans"><p>公司本季度确认外汇损失为 130 万美元，而去年同期则获得了 170 万美元的收益。这些损失影响了整体净亏损，增加了西港面临的财务挑战。</p>
</div><h2>Forward-Looking Guidance</h2>
<div class="lb-trans"><h2>前瞻性指导</h2>
</div><p>Looking ahead, Westport anticipates further cost reductions, projecting a 60% decrease in CapEx and a 15% reduction in SG&amp;A by 2026. The company is focusing on its core heavy-duty and alternative fuel systems markets, with significant developments expected in the Cespira joint venture and new CNG solutions for the North American market. These strategic initiatives are aimed at driving future growth and enhancing operational efficiency.</p>
<div class="lb-trans"><p>展望未来，西港预计将进一步降低成本，预计到 2026 年资本支出将减少 60%，销售和管理费用将减少 15%。公司专注于其核心的重型和替代燃料系统市场，预计 Cespira 合资企业和北美市场的新 CNG 解决方案将有重大进展。这些战略举措旨在推动未来增长并提高运营效率。</p>
</div><p>In summary, Westport Fuel Systems (US) presented a mixed earnings call, with both achievements and challenges. While the company is making strides in its strategic focus areas, it continues to face financial hurdles. The forward-looking guidance suggests a commitment to cost reduction and market expansion, providing a cautiously optimistic outlook for the future.</p>
<div class="lb-trans"><p>总之，西港燃料系统（美国）在财报电话会议中呈现出混合的结果，既有成就也有挑战。尽管公司在其战略重点领域取得了进展，但仍面临财务障碍。前瞻性指导表明公司致力于降低成本和市场扩展，为未来提供了谨慎乐观的展望。</p>
</div>

Westport Fuel Systems 第三季度财报电话会议的综合见解