Ocean Power Technologies, Inc. (OPTT)

Market Cap	18.93M
Revenue (ttm)	5.55M
Net Income (ttm)	-24.90M
Shares Out	126.23M
EPS (ttm)	-0.38
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	4,848,964
Open	0.150
Previous Close	0.150
Day's Range	0.150 - 0.160
52-Week Range	0.120 - 0.570
Beta	2.19
Analysts	n/a
Price Target	n/a
Earnings Date	Dec 16, 2024

About OPTT

Ocean Power Technologies, Inc. develops and commercializes proprietary power platforms that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, Australia, and Asia. The company offers PB3 PowerBuoy that generates power for use independent of the power grid in offshore locations. It also provides Next Generation PowerBuoy; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, the company offers Wave Adaptive Modular...

• Industry: Specialty Industrial Machinery
• Sector: Industrials
• IPO Date: Apr 25, 2007
• Employees: 43
• Stock Exchange: NYSEAMERICAN
• Ticker Symbol: OPTT

Financial Performance

In 2024, Ocean Power Technologies's revenue was $5.53 million, an increase of 102.23% compared to the previous year's $2.73 million. Losses were -$27.48 million, 4.39% more than in 2023.