Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / OPTT - Ocean Power GAAP EPS of -$0.09 revenue of $0.76M

OPTT - Ocean Power GAAP EPS of -$0.09 revenue of $0.76M

Ocean Power Technologies Inc.
  • Ocean Power press release ( NYSE: OPTT ): Q4 GAAP EPS of -$0.09.
  • Revenue of $0.76M (+26.7% Y/Y).
  • Engineering and product development costs – decreased by $377,000 from 3Q22 but remain elevated from FY21, mainly due to OPT's investment in its proprietary MDA platform.
  • The Co. had $57.5 million of combined cash, unrestricted cash, cash equivalents and short-term investments as of April 30, 2022.
  • The Company has no bank debt.
  • Shares +12.18% .

For further details see:

Ocean Power GAAP EPS of -$0.09, revenue of $0.76M
Stock Information
Company Name: Ocean Power Technologies Inc.
Stock Symbol: OPTT
Market: NYSE
Website: oceanpowertechnologies.com
Menu
OPTT OPTT Quote OPTT Short OPTT News OPTT Articles OPTT Message Board
Get OPTT Alerts

News, Short Squeeze, Breakout and More Instantly...