Core Viewpoint - PHINIA Inc. will participate in Baird's 2025 Global Industrial Conference on November 13, 2025, focusing on industry dynamics and the company's business [1] Company Participation - The participation will be in-person and will include a Q&A session [1] - Key executives attending include President and CEO Brady Ericson and Vice President and CFO Chris Gropp [1]

Financial Data and Key Metrics Changes - Reported revenue for Q2 2025 was $12.5 million, down from $14.1 million in the same quarter of the previous year, representing an 11% decrease [4][18] - Consolidated revenue, including the discontinued light duty segment, totaled $88.9 million compared to $83.4 million in Q2 2024, indicating a year-over-year increase [4][17] - Adjusted EBITDA improved to negative $1 million from negative $2 million year-over-year, achieved through reduced operating expenses [18] - Cash and cash equivalents as of June 30, 2025, were $21.4 million, with $6.1 million in remaining business operations [22] Business Line Data and Key Metrics Changes - High pressure controls and systems revenue decreased to $2.9 million from $3.6 million in 2024, primarily due to a slowdown in the hydrogen industry [19] - Heavy duty OEM revenue was $9.6 million, down $900,000 compared to the same period last year, attributed to reduced manufacturing support to Suspira [20] - Suspira generated $12 million in revenue during Q2 2025, a significant increase from $4.1 million in the same period last year [20][21] Market Data and Key Metrics Changes - China accounted for over 50% of Westport's revenue in the hydrogen component sales segment, supported by government incentives and infrastructure mandates [10] - The heavy-duty truck market is experiencing growth globally, with natural gas gaining traction due to affordability and infrastructure [12] - In North America, CNG and RNG are becoming more popular as fleet operators face challenges with electrification and hydrogen distribution [13] Company Strategy and Development Direction - The company is focusing on high-impact opportunities in commercial transportation and industrial applications following the divestiture of the light duty segment [5] - Westport aims to increase its OEM presence and expand geographically, particularly in North America where CNG remains a dominant choice [8] - The strategic focus includes developing fuel-agnostic technologies and enhancing the IP portfolio to maintain a competitive advantage [6] Management's Comments on Operating Environment and Future Outlook - Management acknowledges a pause in the hydrogen market outside of China, with customers slowing down programs while awaiting regulatory clarity [57] - The company is positioned to capitalize on the renewed market momentum for natural gas as a transport fuel [7] - Management expects to continue funding the Suspira joint venture for the next three years as part of its growth strategy [75] Other Important Information - The light duty business generated $76.4 million in revenue with a gross profit of $15.1 million before being classified as discontinued operations [22] - The company is relocating its European high pressure controls manufacturing operations to Canada to streamline operations and reduce costs [11] - The sale of the light duty business provided $62.5 million in net proceeds, which will strengthen the company's balance sheet [26] Q&A Session Summary Question: Can you provide more details on HPDI activity outside of Europe? - Management indicated that Volvo is establishing HPDI in new markets like India and South America, building market acceptance [34] Question: Is the CNG HPDI development solely a Westport initiative? - The CNG HPDI development is part of Westport's efforts, focusing on off-engine components necessary for managing high-pressure tanks [36] Question: What is the outlook for the high pressure controls business? - Management described the current environment as bumpy, with a pause in activity as new policies are established [47] Question: What is the expected run rate for operating expenses going forward? - Management anticipates a reduction in operating expenses as the company rightsizes following the divestiture of the light duty business [49] Question: How will the funding for Suspira be structured going forward? - Management confirmed that funding commitments for Suspira will continue for the next three years as part of its build-out strategy [75]

For Phinia, strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: 12 Month EPS Current-Quarter Estimate Revisions Investors might want to bet on Phinia (PHIN) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price mom ...

Financial Results Announcement - Westport Fuel Systems Inc. will release Q2 2025 financial results on August 11, 2025, after market close [1] - A conference call and webcast to discuss the financial results will be held on August 12, 2025, at 10:00 a.m. ET [2] Light-Duty Divestment Transaction Update - The company reaffirms its commitment to the sale of its Light-Duty Segment to Heliaca Investments, with the closing expected in July 2025 [3] - The revised timeline for the transaction reflects an updated regulatory review process [3] Company Overview - Westport Fuel Systems is a leading supplier of advanced fuel delivery components for clean, low-carbon fuels, serving the global transportation industry [4] - The company operates in approximately 70 countries and is headquartered in Vancouver, Canada [4]

Core Points - Westport Fuel Systems Inc. held its Annual General and Special Meeting of Shareholders virtually, where all resolutions were approved, including the election of directors and the sale of Westport Fuel Systems Italia S.r.l [1][2]. Summary by Category Election of Directors - All nominated directors were approved with varying levels of support: - Michele Buchignani: 81.22% votes for - Anthony Guglielmin: 87.16% votes for - Daniel M. Hancock: 61.47% votes for - Daniel Sceli: 91.10% votes for - Karl-Viktor Schaller: 61.28% votes for - Eileen Wheatman: 81.43% votes for [2]. Appointment of Auditors - KPMG LLP was appointed as the Company's auditors for the fiscal year with 93.83% votes for [2]. Executive Compensation - The advisory vote on executive compensation received 52.87% agreement [2]. Sale of Subsidiary - The sale of Westport Fuel Systems Italia S.r.l was approved with 83.38% votes for [2]. Company Overview - Westport Fuel Systems is a leading supplier of advanced fuel delivery components and systems for clean, low-carbon fuels, serving approximately 70 countries globally [3].

Financial Results Announcement - Westport Fuel Systems Inc. will release Q1 2025 financial results on May 13, 2025, after market close [1] - A conference call and webcast to discuss the financial results will be held on May 14, 2025, at 10:00 a.m. ET [1][2] Annual General and Special Meeting - Westport will host its 2025 Annual General and Special Meeting virtually on May 15, 2025, at 10:00 a.m. PT [4] - Shareholders are encouraged to vote in advance using the provided voting instruction form [5] - Registered shareholders can attend the meeting online to participate, vote, or submit questions [6] Company Overview - Westport Fuel Systems is a leading supplier of advanced fuel delivery components and systems for clean, low-carbon fuels [7] - The company operates globally, serving customers in approximately 70 countries with a focus on addressing climate change and urban air quality challenges [7]