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Ocean Power Technologies Inc. Q1 Sales Decline

September 15, 2025 — 08:05 pm EDT

Written by RTTNews.com for RTTNews->

(RTTNews) - Ocean Power Technologies Inc. (OPTT) released Loss for first quarter of -$7.39 million

The company's earnings came in at -$7.39 million, or -$0.04 per share. This compares with -$4.45 million, or -$0.05 per share, last year.

The company's revenue for the period fell 9.2% to $1.18 million from $1.30 million last year.

Ocean Power Technologies Inc. earnings at a glance (GAAP) :

-Earnings: -$7.39 Mln. vs. -$4.45 Mln. last year. -EPS: -$0.04 vs. -$0.05 last year. -Revenue: $1.18 Mln vs. $1.30 Mln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
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