OPTT Q3 FY2025 revenue $0.8M (-54% YoY), backlog record $7.5M, cash burn down 59%

Ocean Power Technologies, Inc.

2025-Q3 EPS reported -$0.13 vs consensus -$0.05 ▼ miss (-154.9%)

Revenue $0.8M, down 54% YoY from $1.8M; trailing twelve-month revenue $6.1M, up 24%.
Operating expenses $6.1M, down 29% YoY; Loss before income taxes $6.7M, improved from $7.8M.
Backlog $7.5M, record high vs $3.3M prior year; driven by $5M purchase orders from new Latin America partner.
Cash used in ops $3.7M, down 59% YoY; total cash $10.2M vs $3.3M at April 30, 2024.
Recent: multi-day WAM-V offshore demo in California; new sales hire for DHS/DOD; NAVDEX participation with Remah.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.