STOCK TITAN

Ocean Power Technologies to Release Fiscal 2025 Second Quarter Early Earnings on December 2, 2024

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Ocean Power Technologies (NYSE American: OPTT) announced it will release fiscal 2025 second quarter early earnings on December 2, 2024, followed by full results on December 16, 2024, for the period ended October 31, 2024. CEO Philipp Stratmann cited ongoing business growth and G&A streamlining as enabling early updates. A conference call discussing results will be held on December 17, 2024, at 9:00 AM EDT, hosted by CEO Stratmann and CFO Bob Powers. The company is also offering individual meetings with portfolio managers and analysts to strengthen institutional investor relations.

Ocean Power Technologies (NYSE American: OPTT) ha annunciato che rilascerà i risultati preliminari del secondo trimestre fiscale 2025 il 2 dicembre 2024, seguiti dai risultati completi il 16 dicembre 2024, per il periodo conclusosi il 31 ottobre 2024. Il CEO Philipp Stratmann ha citato la continua crescita dell'azienda e l'ottimizzazione delle spese generali come fattori che consentono aggiornamenti anticipati. Una conferenza telefonica per discutere i risultati si terrà il 17 dicembre 2024, alle 9:00 AM EDT, ospitata dal CEO Stratmann e dal CFO Bob Powers. L'azienda offre anche incontri individuali con gestori di portafoglio e analisti per rafforzare le relazioni con gli investitori istituzionali.

Ocean Power Technologies (NYSE American: OPTT) anunció que publicará los resultados preliminares del segundo trimestre fiscal 2025 el 2 de diciembre de 2024, seguidos de los resultados completos el 16 de diciembre de 2024, para el período que terminó el 31 de octubre de 2024. El CEO Philipp Stratmann mencionó el crecimiento continuo del negocio y la optimización de los gastos generales como factores que permiten actualizaciones anticipadas. Se llevará a cabo una conferencia telefónica para discutir los resultados el 17 de diciembre de 2024, a las 9:00 AM EDT, presentada por el CEO Stratmann y el CFO Bob Powers. La empresa también ofrece reuniones individuales con gerentes de cartera y analistas para fortalecer las relaciones con los inversores institucionales.

오션 파워 테크놀로지스(Ocean Power Technologies, NYSE American: OPTT)는 2024년 12월 2일에 2025 회계연도 2분기 조기 실적을 발표할 예정이며, 2024년 12월 16일에 2024년 10월 31일로 끝나는 기간에 대한 전체 결과를 발표할 예정입니다. CEO인 필립 스트래트만(Philipp Stratmann)은 지속적인 사업 성장과 관리비용 절감을 조기 업데이트를 가능하게 하는 요소로 언급했습니다. 결과를 논의하는 컨퍼런스 콜은 2024년 12월 17일 오전 9시(EDT)에 스트래트만 CEO와 CFO인 밥 파워스(Bob Powers)가 진행합니다. 이 회사는 또한 기관 투자자와의 관계 강화를 위해 포트폴리오 관리자 및 분석가와의 개별 미팅을 제공합니다.

Ocean Power Technologies (NYSE American : OPTT) a annoncé qu'il publiera ses résultats préliminaires du deuxième trimestre de l'exercice 2025 le 2 décembre 2024, suivis des résultats complets le 16 décembre 2024, pour la période se terminant le 31 octobre 2024. Le PDG Philipp Stratmann a cité la croissance continue de l'entreprise et la rationalisation des frais généraux comme éléments permettant des mises à jour anticipées. Une conférence téléphonique pour discuter des résultats se tiendra le 17 décembre 2024 à 9h00 EDT, animée par le PDG Stratmann et le directeur financier Bob Powers. L'entreprise propose également des réunions individuelles avec des gestionnaires de portefeuille et des analystes pour renforcer les relations avec les investisseurs institutionnels.

Ocean Power Technologies (NYSE American: OPTT) hat angekündigt, dass es am 2. Dezember 2024 die vorläufigen Ergebnisse des zweiten Quartals des Geschäftsjahres 2025 veröffentlichen wird, gefolgt von den vollständigen Ergebnissen am 16. Dezember 2024 für den Zeitraum, der am 31. Oktober 2024 endete. CEO Philipp Stratmann verwies auf das anhaltende Unternehmenswachstum und die Straffung der Allgemeinkosten als Faktoren, die frühe Aktualisierungen ermöglichen. Eine Telefonkonferenz zur Diskussion der Ergebnisse findet am 17. Dezember 2024 um 9:00 Uhr EDT statt, moderiert von CEO Stratmann und CFO Bob Powers. Das Unternehmen bietet auch Einzelgespräche mit Portfoliomanagern und Analysten an, um die Beziehungen zu institutionellen Investoren zu stärken.

Positive
  • Business growth reported by management
  • G&A functions streamlining implemented
  • Proactive early earnings release initiative
Negative
  • None.

MONROE TOWNSHIP, N.J., Nov. 18, 2024 (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 release early earnings for its fiscal 2025 second quarter for the period ended October 31, 2024 after the market closes on Monday December 2, 2024. It also announced it will release its full results for the same quarter after the market closes on Monday December 16, 2024.

Philipp Stratmann, OPT’s CEO and President, stated, “We are excited to provide our shareholders with an early earnings update for our recent quarter. The ongoing growth in our business, and the streamlining of our G&A functions, makes it possible for us to provide our shareholders with critical updates in advance of our full earning report.”

CONFERENCE CALL AND WEBCAST INFORMATION

A conference call to discuss OPT’s financial results will be held on Tuesday December 17, 2024 at 9:00 AM EDT. Philipp Stratmann, CEO, and Bob Powers, CFO will host the call.

  • The dial-in numbers for the conference call are 877-407-8291 or 201-689-8345.
  • Live webcast: Webcast | Ocean Power Technologies FY2025 Q2 Earnings Conference Call (choruscall.com)
  • Call Replay: Call replay will be available by telephone approximately two hours after the call's completion. 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 13748550.
  • Webcast Replay: The archived webcast will be on the OPT investor relations section of its website

INDIVIDUAL MEETING INFORMATION

In an effort to increase relations with institutional investors, OPT management has dedicated time to hosting individual meetings with portfolio managers and analysts. If you are interested in scheduling a meeting with OPT management, please contact:

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, including Merrows, which provides AI capable seamless integration of Maritime Domain Awareness Systems across platforms. 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. The Company’s headquarters is in Monroe Township, New Jersey, with an additional office in 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


FAQ

When will Ocean Power Technologies (OPTT) release its Q2 FY2025 early earnings?

Ocean Power Technologies will release its early earnings for Q2 FY2025 on December 2, 2024, after market close.

When is OPTT's Q2 FY2025 earnings conference call scheduled?

The earnings conference call is scheduled for December 17, 2024, at 9:00 AM EDT.

What period does OPTT's upcoming earnings report cover?

The earnings report covers the fiscal 2025 second quarter period ended October 31, 2024.

When will OPTT release its full Q2 FY2025 results?

OPTT will release its full Q2 FY2025 results on December 16, 2024, after market close.

Ocean Power Technologies, Inc.

NYSE:OPTT

OPTT Rankings

OPTT Latest News

OPTT Stock Data

43.90M
142.35M
2.92%
3.41%
2.85%
Specialty Industrial Machinery
Electric Services
Link
United States of America
MONROE TOWNSHIP