Ocean Power Technologies, Inc. (OPTT, OPT.L) reported second quarter net loss attributable to Ocean Power Technologies of $5.19 million or $0.51 per share, compared to net loss attributable to Ocean Power Technologies of $6.12 million or $0.60 per share last year.
Revenues declined to $582 thousand from $667 thousand in the prior year quarter.
On average, 2 analysts polled by Thomson Reuters expected the company to report loss of $0.42 per share, on revenues of $1.78 million. Analysts' estimates typically exclude special items.
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