Ocean Power Technologies (OPTT) Reports Q2 Loss of $0.21

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Ocean Power Technologies Announces Fiscal Second Quarter 2019 Financial Results

December 10, 2018 4:16 PM EST

MONROE TOWNSHIP, N.J., Dec. 10, 2018 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, announced today its financial results for the fiscal second quarter of 2019 ended October 31, 2018. " We believe that the strong momentum that OPT's sales and marketing team experienced in the first half of the fiscal year is indicative of our ongoing success." George H. Kirby, President and Chief Executive Officer of Ocean Power Technologies, explained, "We are now in the process of executing multiple contracts to supply PowerBuoys in targeted markets across... More