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home / news releases / OPTT - Ocean Power GAAP EPS of -$0.17 revenue of $0.98M

OPTT - Ocean Power GAAP EPS of -$0.17 revenue of $0.98M

Ocean Power Technologies Inc.

2023-07-12 16:18:35 ET

  • Ocean Power press release ( NYSE: OPTT ): Q4 GAAP EPS of -$0.17.
  • Revenue of $0.98M (+28.9% Y/Y).
  • Total orders for the 4Q23 were $2.3 million, as compared to $0.7 million for the fourth quarter ended April 30, 2022.
  • 2024 Outlook: Contracted orders for FY24 are expected to be approximately $15 million. This represents growth of more than 2x over FY23.
  • Shares +6.48% .

For further details see:

Ocean Power GAAP EPS of -$0.17, revenue of $0.98M
Stock Information
Company Name: Ocean Power Technologies Inc.
Stock Symbol: OPTT
Market: NYSE
Website: oceanpowertechnologies.com
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