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Ocean Power Technologies, Inc. (OPTT) Misses Q1 Earnings Views

September 9, 2011 6:17 AM EDT
OPTT Hot Sheet
EPS Growth %: +100.0%

Financial Fact:
Product development costs: 3.1M

Today's EPS Names:
TARO, BRLI, TLB, More
Ocean Power Technologies, Inc. (NASDAQ: OPTT) reported Q1 EPS of ($0.49), $0.13 worse than the analyst estimate of ($0.36). Revenue for the quarter came in at $1.9 million, versus $1.4 million reported last year.


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