Ocean Power Technologies Inc   (OPTT)
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities

Ocean Power Technologies Inc disclosed surprisingly bewildering revenue elevation, all along the August to October 31 2022 interval

OPTT delivered second quarter of 2023 operating deficit of $-6.28 million

Published 2022-12-27T12:40:30+00:00
Goran Soko / CSIMarket.com Contributer

electric_network_pd.jpgFor the fiscal time-frame closing October 31 2022 OPTT decreased a loss per share of $-0.09 per share compare to $-0.10 a year before and EPS improved from $-0.10 per share from the prior reporting period.

The revenue increased rapidly by 22.672 % to $0.30 million from $0.25 million in the comparable reporting period a year before and sequentially Revenue Tumbled by -57.563 % from $0.71 million.

In the fiscal time-frame closing October 31 2022 Ocean Power Technologies Inc reported net shortfall of $-4.844 million, instead of deficit of $-5.171 million in the comparable reporting period a year ago.

Ocean Power Technologies Inc is expected to report next financial recent numbers on July 12, 2023.

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