Ocean Power Technologies (OPTT) Issues Quarterly Earnings Results

Ocean Power Technologies (NASDAQ:OPTT) issued its earnings results on Monday. The energy company reported ($0.14) earnings per share (EPS) for the quarter, Morningstar.com reports. The company had revenue of $0.27 million during the quarter.

OPTT traded up $7.62 on Tuesday, hitting $7.93. 11,048 shares of the company’s stock traded hands, compared to its average volume of 434,070. Ocean Power Technologies has a one year low of $0.26 and a one year high of $1.52.

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About Ocean Power Technologies

Ocean Power Technologies, Inc develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves primarily in North America, South America, Europe, Australia, and Asia. It offers PowerBuoy system that generates power for use independent of the power grid in remote offshore locations.

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Earnings History for Ocean Power Technologies (NASDAQ:OPTT)

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