Ocean Power Technologies Announces Results for the Fiscal Third Quarter Ended January 31, 2016

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Ocean Power Technologies (OPTT) Reports Q3 Loss of $1.05/Share

March 11, 2016 8:26 AM EST

Ocean Power Technologies (NASDAQ: OPTT) reported Q3 EPS of ($1.05), versus ($1.25) reported last year. Revenue for the quarter came in at $5 thousand, versus $328.5 thousand reported last year.

The net loss for the three months ended January 31, 2016 was $2.0 million as compared to a net... More