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Public signal · 1-minute delayed
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AI summary
What happened, with direct paths to the underlying reporting
- WPRT shares rose 5.9% since first quarter 2024 results reported. - Loss of 79 cents per share wider than expected, revenues missed estimates. - OEM segment had decreased net sales and operating loss. - IAM segment had increased net sales, operating profit, and gross margin. - WPRT currently has a Zacks Rank #3 (Hold) with some better-ranked players in the auto space. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- WPRT shares rose 5.9% since first quarter 2024 results reported.
- Loss of 79 cents per share wider than expected, revenues missed estimates.
- OEM segment had decreased net sales and operating loss.
- IAM segment had increased net sales, operating profit, and gross margin.
- WPRT currently has a Zacks Rank #3 (Hold) with some better-ranked players in the auto space.
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