Ocean Power Technologies Announces Fiscal 2019 Fourth Quarter and Full Year Results

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Ocean Power Technologies (OPTT) Reports Q4 Loss of $1.05

July 22, 2019 4:25 PM EDT

Ocean Power Technologies (NASDAQ: OPTT) reported Q4 EPS of ($1.05), versus ($3.58) reported last year. Revenue for the quarter came in at $191 thousand, versus $222 thousand reported last year.

Management Commentary

George H. Kirby, President and Chief Executive Officer of OPT, stated, I am pleased with the progress... More