Ocean Power Technologies (OPTT) Reports Q2 Loss of $0.10
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Ocean Power Technologies, Inc. Announces First Quarter Fiscal 2022 Results
September 12, 2022 4:00 PM EDTMONROE TOWNSHIP, N.J., Sept. 12, 2022 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine data, power, and consulting service solutions, today announced financial results for its first quarter ended July 31, 2022.
1Q23 HIGHLIGHTS:
Revenues increased to $714,000 in 1Q23, as compared to $272,000 in 1Q22.Selected by the U.S. Department of Energy (DOE) for the Phase II development of a next-generation wave energy converter. In the... More