Ocean Power Technologies-Ocean Power Q4 Revenue Up 6 Percent

Ocean Power Technologies (OPTT -14.83%), a provider of renewable energy and autonomous maritime systems, reported earnings for fiscal 2025 on July 24, 2025. The company delivered GAAP revenue of $5.9 million, an increase of 6% over the prior year. Gross profit (GAAP) declined sharply to$ 1.7 million compared to $2.8 million in FY2024. Operating expenses were cut by 28%, leading to a reduced net loss of$ 21.5 million, down from $27.5 million for FY2024. There were no consensus analyst estimates to compare ag ...