Ocean Power's Q1 2025 Results: GAAP EPS of -$0.05 and Revenue of $1.3M
Monday, 16 September 2024, 21:09
Ocean Power Technologies Q1 2025 Financial Highlights
In the first quarter of 2025, Ocean Power Technologies (NYSE: OPTT) reported significant figures revealing a GAAP EPS of -$0.05. With a revenue of $1.3 million, the company continues to face hurdles in its operational landscape.
Key Financial Metrics
- GAAP EPS: -$0.05
- Quarterly Revenue: $1.3M
Despite these results, Ocean Power is committed to enhancing its technological framework and expanding its market footprint in the realm of renewable energy.
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