Ocean Power Technologies to Report 2023 First Quarter Results on Monday, September 12, 2022
Ocean Power Technologies (OPTT) announced it will report its fiscal 2023 first-quarter financial results on September 12, 2022, after market closure.
Sentiment and the balance of points
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Rhea-AI Summary
Ocean Power Technologies (OPTT) announced it will report its fiscal 2023 first-quarter financial results on September 12, 2022, after market closure. A conference call to discuss these results will be held the next day, September 13, at 9:00 a.m. Eastern Time, hosted by CEO Philipp Stratmann, CFO Bob Powers, and Treasurer Joseph Dipietro. Investors can access the live webcast or the replay through the company's investor relations section. The company focuses on innovative low-carbon marine power solutions across various industries, including offshore wind.
Positive
- Scheduled reporting of fiscal 2023 Q1 results could indicate structured financial oversight.
- Management will engage with institutional investors to strengthen relationships.
Negative
- None.
Details
News Market Reaction – OPTT
The recorded move for OPTT in the trading session of this news was +2.48%.
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MONROE TOWNSHIP, N.J., Aug. 12, 2022 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will report its fiscal 2023 first quarter after the market closes on Monday, September 12, 2022.
CONFERENCE CALL AND WEBCAST INFORMATION
A conference call to discuss the financial results will be held the following morning Tuesday, September 13, 2022, at 9:00 a.m. Eastern time. Philipp Stratmann, CEO, Bob Powers, CFO, and Joseph Dipietro, Treasurer and Controller, will host the call.
- The dial-in numbers for the conference call are 877-407-8291 or 201-689-8345.
- Live webcast: Link to 1Q23 Webcast for OPTT
A replay will be available by telephone approximately two hours after the call's completion until December 13, 2022. You may access the replay by dialing 877-660-6853 from the U.S. or 201-612-7415 for international callers and using the Conference ID 1373 2125. The archived webcast will also be available on the OPT investor relations section of its website.
INDIVIDUAL MEETING INFORMATION
In an effort to increase relations with institutional investors, management has dedicated time to hosting individual meetings with portfolio managers and analysts starting on September 14. If you are interested in scheduling a meeting with management, please contact InvestorRelations@oceanpowertech.com or 609-730-0400 x401.
ABOUT OCEAN POWER TECHNOLOGIES
OPT provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets. Our PowerBuoy® platforms provide clean and reliable electric power and real-time data communications for remote maritime and subsea applications. We also provide WAM-V® autonomous surface vessels (ASVs) and marine robotics services through our wholly owned subsidiary Marine Advanced Robotics. We are headquartered in Monroe Township, New Jersey, and have offices in Houston, Texas, and Richmond, California. To learn more, visit www.OceanPowerTechnologies.com.
CONTACT INFORMATION
Investors: 609-730-0400 x401 or InvestorRelations@oceanpowertech.com
Media: 609-730-0400 x402 or MediaRelations@oceanpowertech.com
Source: Ocean Power Technologies, Inc.
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