Ocean Power Technologies (OPTT) Reports Q4 Loss Per Share of $0.19

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Ocean Power Technologies Announces Results for the Fiscal Fourth Quarter and Full Year Ended April 30, 2015

July 6, 2015 4:05 PM EDT

Multiple PowerBuoy® deployments on track for calendar 2015 Primary focus on offshore autonomous markets and applications Continued emphasis on PowerBuoy reliability, durability, and cost reduction Advancing toward commercial status

PENNINGTON, N.J., July 6, 2015 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (Nasdaq: OPTT) ("OPT" or "the Company") today announced financial results for its Fiscal 2015 fourth quarter and full year ended April 30, 2015 ("fiscal 2015").

George H. Kirby, President and Chief Executive of OPT, commented, "As we... More