Ocean Power FY25 Loss Narrows Y/Y, Backlog Hits Record High
OPTT posts record backlog and trims losses in fiscal 2025, signaling momentum despite revenue shortfall and macroeconomic headwinds.
| Ticker |
OPTT
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| CIK | 0001378140 |
| SIC | 4911 |
| Sector | Transportation, Communications, Electric, Gas, And Sanitary Services |
| Industry Category | Utilities |
| Industry Group | Electric Services |
| Address | 28 ENGELHARD DRIVE, SUITE B, MONROE TOWNSHIP, NJ, 08831 |
| Website | oceanpowertechnologies.com |
| Phone | 609-730-0400 |
| CEO | J. Philipp Stratmann |
| Employees | 50 |
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Ocean Power FY25 Loss Narrows Y/Y, Backlog Hits Record HighOPTT posts record backlog and trims losses in fiscal 2025, signaling momentum despite revenue shortfall and macroeconomic headwinds. Ocean Power Technologies Inc (OPTT) Q4 2025 Earnings Call Highlights: Record Backlog and ...Despite achieving a historic backlog and securing key defense clearances, Ocean Power Technologies Inc (OPTT) faces revenue challenges due to macroeconomic volatility and defense sector uncertainties. Ocean Power Technologies, Inc. Announces Fourth Quarter and Full Year Fiscal 2025 ResultsOPT Enters Fiscal 2026 with Record Backlog and Record PipelineMONROE TOWNSHIP, N.J., July 24, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for its fiscal fourth quarter (“4Q25”) and full-year ended April 30, 2025 (“FY25”). Highlights include: FY25 RESULTS and RECENT HIGHLIGHTS Backlog at April 30, 2025 was $12.5 million, a 158% increase over the prior year.Pipeline as of the date of this release stands a Ocean Power Technologies Signs Strategic Reseller Agreement in Latin AmericaAgreement Includes a $3 Million Purchase Commitment for OPT Products and Expands Commercial Reach of Intelligent Maritime Solutions in the Mexican MarketMONROE TOWNSHIP, N.J., July 24, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced the signing of a new reseller agreement with a Latin America-based partner focused on supporting th Ocean Power Technologies to Announce Fiscal 2025 Fourth Quarter and Full-Year Results on July 24, 2025MONROE TOWNSHIP, N.J., July 15, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will release earnings for its fiscal 2025 full year and fourth quarter ended April 30, 2025 after the market closes on Thursday July 24, 2025. CONFERENCE CALL AND WEBCAST INFORMATION A conference call to discuss OPT’s financial results will be |