Ocean Power Technologies, Inc. (OPTT)
OPTT Stock Price Chart
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OPTT Company Profile
Discover essential business fundamentals and corporate details for Ocean Power Technologies, Inc. (OPTT) to support your stock research and investment decisions.
Sector
Industrials
Industry
Electrical Equipment & Parts
IPO Date
25 Apr 2007
Employees
43.00
CEO
Philipp Stratmann
Description
Ocean Power Technologies, Inc. (OPTT) is a company dedicated to creating and deploying exclusive technologies that convert the sustainable power of ocean waves into electricity. The firm operates globally, with a presence in North America, South America, Europe, and Asia. A primary offering is their PB3 PowerBuoy system, engineered to provide autonomous power generation for remote offshore locations, independent of traditional electrical grids. Beyond this, OPTT's product line includes hybrid PowerBuoy solutions and subsea battery systems. They also furnish essential supporting services such as software development, control systems, sensor integration, and expert marine installation. The company extends its capabilities to deliver distributed offshore power and critical communication infrastructure for diverse remote surface and subsea applications. These solutions cater to key sectors including defense and security, the offshore oil and gas industry, scientific research, and offshore wind energy. Furthermore, OPTT offers its Wave Adaptive Modular Vessel (WAM-V) technology, which significantly enhances the mobility and operational range of uncrewed maritime systems. This includes leasing WAM-V robotics and providing access to associated information. Their expertise also covers maritime domain awareness solutions and strategic consulting. Finally, the company provides a comprehensive suite of offshore data services, encompassing collection, integration, analysis, and real-time communication for various purposes. OPTT primarily serves a diverse client base of both governmental agencies and private organizations that require dependable power solutions in distant marine environments. Established in 1984, Ocean Power Technologies, Inc. is headquartered in Monroe Township, New Jersey.
OPTT Financial Timeline
Browse a chronological timeline of Ocean Power Technologies, Inc. corporate events including earnings releases, dividend announcements, and stock splits.
Upcoming earnings on 23 Jul 2026
EPS estimate is -$0.04, while revenue estimate is $3.90m.
Earnings released on 17 Mar 2026
EPS came in at -$0.05 matching the estimated -$0.05, while revenue for the quarter reached $513.00k , missing expectations by -72.89%.
Earnings released on 15 Dec 2025
EPS came in at -$0.06 falling short of the estimated -$0.02 by -200.00%, while revenue for the quarter reached $424.00k , missing expectations by -87.69%.
Earnings released on 15 Sept 2025
EPS came in at -$0.04 , while revenue for the quarter reached $1.18m .
Earnings released on 24 Jul 2025
EPS came in at -$0.04 , while revenue for the quarter reached $1.32m .
Earnings released on 17 Mar 2025
EPS came in at -$0.03 , while revenue for the quarter reached $825.00k .
Earnings released on 16 Dec 2024
EPS came in at -$0.04 , while revenue for the quarter reached $2.42m .
Earnings released on 16 Sept 2024
EPS came in at -$0.05 , while revenue for the quarter reached $1.30m .
Earnings released on 25 Jul 2024
EPS came in at -$0.12 , while revenue for the quarter reached $1.57m .
Earnings released on 13 Mar 2024
EPS came in at -$0.11 , while revenue for the quarter reached $1.79m .
Earnings released on 13 Dec 2023
EPS came in at -$0.12 , while revenue for the quarter reached $889.00k .
Earnings released on 13 Sept 2023
EPS came in at -$0.12 , while revenue for the quarter reached $1.27m .
Earnings released on 12 Jul 2023
EPS came in at -$0.17 , while revenue for the quarter reached $980.00k .
Earnings released on 13 Mar 2023
EPS came in at -$0.11 , while revenue for the quarter reached $734.00k .
Earnings released on 14 Dec 2022
EPS came in at -$0.09 , while revenue for the quarter reached $303.00k .
Earnings released on 12 Sept 2022
EPS came in at -$0.10 , while revenue for the quarter reached $714.00k .
Earnings released on 13 Jul 2022
EPS came in at -$0.09 , while revenue for the quarter reached $756.00k , missing expectations by -96.32%.
Earnings released on 14 Mar 2022
EPS came in at -$0.10 , while revenue for the quarter reached $484.00k , missing expectations by -97.65%.
Earnings released on 14 Dec 2021
EPS came in at -$0.10 , while revenue for the quarter reached $247.00k , missing expectations by -98.80%.
Earnings released on 13 Sept 2021
EPS came in at -$0.06 , while revenue for the quarter reached $272.00k .
Earnings released on 19 Jul 2021
EPS came in at -$0.10 , while revenue for the quarter reached $601.00k .
OPTT Stock Performance
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