Westport Fuel Systems announced its 2025 financial results, highlighting a $60 million sale of its Light-Duty segment and ending the year with $27.2 million in cash and reduced debt. The company advanced its Cespira joint venture, securing new OEM interest and expanding production in China and Canada. Despite a 43% revenue drop to $23.3 million and a net loss of $29.6 million in continuing operations, Westport emphasized progress in natural gas and HPDI fuel technologies, positioning for future growth amid a growing market for cleaner heavy-duty transport solutions. The company plans to improve liquidity through potential fundraising as it moves into the next phase of its strategy.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Gilat Satellite Networks Ltd., a global leader in satellite networking technology, will release its second quarter 2026 financial results on August 5, 2026. Following the release, CEO Adi Sfadia and CFO Gil Benyamini will hold a conference call and w...
B&M European Value Retail's first-quarter update has divided analysts, with Deutsche Bank upgrading the stock to 'hold' citing stabilizing profit margins and a sensible turnaround strategy by new CEO Tjeerd Jegen. Deutsche Bank raised its profit fore...
AmpliTech Group marked its fifth anniversary as a public company by ringing the Nasdaq opening bell and announcing record revenue of $25.2 million in fiscal 2025, a 165% increase year-over-year. The company, a US-based leader in RF and microwave sign...
Telo Genomics announced positive interim results from a clinical study analyzing blood samples of multiple myeloma patients to predict relapse risk using 3D telomere analysis. The test showed strong predictive accuracy, potentially offering a less in...
