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Market Impact: 0.32
Ocean Power Technologies, Inc. (OPTT) Reports Q1 Loss, Beats Revenue Estimates
Source: zacks.com
Corporate EarningsCompany FundamentalsAnalyst EstimatesRenewable Energy Transition
Ocean Power Technologies reported a quarterly loss of $1.88 per share, sharply missing the Zacks consensus estimate for $0.03 EPS. The result also deteriorated substantially from a $0.04-per-share loss in the prior-year quarter, indicating significant weakness in profitability.
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Overall Sentiment
strongly negative
Sentiment Score
-0.72
Ticker Sentiment
OPTT-0.95
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