Ocean Power Techs Q4 EPS $(0.06) Misses $(0.03) Estimate, Sales $1.344M Miss $3.196M Estimate
Ocean Power Techs (AMEX:OPTT) reported quarterly losses of $(0.06) per share which missed the analyst consensus estimate of $(0.03) by 100 percent. This is a 50 percent decrease over losses of $(0.04) per share from the
Ocean Power Techs lost more money than experts thought it would, and brought in much less money from selling things. When a company misses on both money lost and sales, it shows the business is struggling harder than people expected.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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