The chart below shows how OPTT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, OPTT sees a -28.16% change in stock price 10 days leading up to the earnings, and a -37.39% change 10 days following the report. On the earnings day itself, the stock moves by +22.06%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Quarterly Revenue Surge: Record quarterly revenue of $2.4 million, marking a 170% increase year-over-year and a 142% sequential increase.
Operating Expense Reduction: Achieved a significant reduction in operating expenses by 41%, totaling $4.7 million compared to $8 million in the same period last year.
Net Loss Reduction: Net loss decreased by 46% from $7.2 million in Q2 of last year to $3.9 million this year, demonstrating improved financial discipline.
Latin America Sales Contribution: Sales from Latin America contributed approximately one-third of total revenue, indicating successful market expansion efforts.
Cash Burn Reduction: Successfully reduced operating cash burn by 39%, reflecting effective cost management strategies.
Negative
Ocean Power Technologies, Inc. (OPTT) Q2 2025 Earnings Call Transcript
OPTT.A
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