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home / news releases / OPTT - Ocean Power Technologies Inc. (OPTT) Q4 2024 Earnings Call Transcript


OPTT - Ocean Power Technologies Inc. (OPTT) Q4 2024 Earnings Call Transcript

2024-07-26 14:51:04 ET

Ocean Power Technologies, Inc. (OPTT)

Q4 2024 Earnings Conference Call

July 26, 2024 09:00 ET

Company Participants

Robert Powers - Senior Vice President & Chief Financial Officer

Philipp Stratmann - President & Chief Executive Officer

Conference Call Participants

Jeff Grampp - Alliance Global Partners

Shawn Severson - Water Tower Research

Peter Ruggiere - Dawson James Securities

Presentation

Operator

Good morning and welcome to the Ocean Power Technologies Fourth Quarter and Full Fiscal Year 2024 Earnings Conference Call. A webcast of this call is also available and could be accessed by a link on the company's website at www.oceanpowertechnologies.com. This conference call is being recorded and will be available for replay shortly after its completion. On the call today are Dr. Philipp Stratmann, President and Chief Executive Officer; and Bob Powers, Senior Vice President and Chief Financial Officer. Following the prepared remarks, there will be a question-and-answer session.

Now, I am pleased to introduce Bob Powers.

Robert Powers

Thank you and good morning. After the market closed yesterday, we issued our earnings press release and filed our annual report on Form 10-K for the period ended April 30, 2024. Our public filings are available on the SEC website and within the Investor Relations section of the OPT website.

During this call, we will make forward-looking statements that are within the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may include financial projections or other statements of the company's plans, objectives, expectations or intentions. These statements are based on assumptions made by management regarding future circumstances over which the company may have little or no control and involve risks, uncertainties and other factors that may cause actual results to be materially different from any future results expressed or implied by such forward-looking statements. Additional information about these risks and uncertainties can be found in the company's Form 10-K and subsequent filings with the SEC. The company disclaims any obligation or intention to update the forward-looking statements made on this call.

Finally, we posted an updated investor presentation on our IR website. Please take a moment to review it as it provides a nice overview of our company and strategy....

For further details see:

Ocean Power Technologies, Inc. (OPTT) Q4 2024 Earnings Call Transcript

Stock Information

Company Name: Ocean Power Technologies Inc.
Stock Symbol: OPTT
Market: NYSE
Website: oceanpowertechnologies.com

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