Benzinga | Sep 14, 2020 04:49PM EDT

Ocean Power Technologies Q1 EPS $(0.22) Up From $(0.50) YoY, Sales $169.00K Down From $202.00K YoY

Ocean Power Technologies (NASDAQ:OPTT) reported quarterly losses of $(0.22) per share. This is a 56 percent increase over losses of $(0.50) per share from the same period last year. The company reported $169.00 thousand in sales this quarter. This is a 16.34 percent decrease over sales of $202.00 thousand the same period last year.