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Ocean Power Technologies Q2 2024 Earnings Report

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$0.34 -0.05 (-13.19%)
As of 02:13 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Ocean Power Technologies EPS Results

Actual EPS
-$0.12
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Ocean Power Technologies Revenue Results

Actual Revenue
$0.89 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Ocean Power Technologies Announcement Details

Quarter
Q2 2024
Time
N/A
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Ocean Power Technologies Earnings Headlines

Ocean Power announces sale of WAM-V to new customer in Latin America
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Ocean Power awarded contract for delivery of AI capable buoy
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About Ocean Power Technologies

Ocean Power Technologies (NASDAQ:OPTT) develops and commercializes proprietary power platforms that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Australia, and Asia. It offers PB3 PowerBuoy that generates power for use independent of the power grid in offshore locations. The company also provides Next Generation PowerBuoy; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, it offers Wave Adaptive Modular Vessel (WAM-V) technology, which enables roaming capabilities for uncrewed maritime systems in waters; leases WAM-V robotics and access information; maritime domain awareness solutions; and strategic consulting services. Further, the company provides offshore data collection, integration, analytics, and real time communication for various applications. It serves public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

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