Ocean Power Techs Q1 EPS $(0.12) Down From $(0.10) YoY, Sales $1.30M Up From $714.00K YoY
Portfolio Pulse from Benzinga Newsdesk
Ocean Power Techs (OPTT) reported a Q1 EPS of $(0.12), a 20% decrease YoY, and sales of $1.30M, an 82.07% increase YoY.
September 13, 2023 | 8:16 pm
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NEUTRAL IMPACT
Ocean Power Techs reported a 20% YoY decrease in Q1 EPS and an 82.07% YoY increase in sales.
While the company's EPS has decreased, the significant increase in sales could offset this in the eyes of investors. The net impact on the stock price is uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100