The earnings call reflects a positive trajectory for Ocean Power Technologies, with record revenues and strategic partnerships driving growth. However, challenges remain in terms of cash reserves and ongoing net losses. The company is focused on achieving profitability and positive cash flow by the end of calendar year 2025.

Company Guidance

During Ocean Power Technologies' Q2 2025 earnings call, CEO Philipp Stratmann highlighted the company's impressive financial performance and strategic milestones. The company achieved record quarterly revenue of $2.4 million, marking a 170% year-over-year increase, and reduced operating expenses by 41%, demonstrating effective cost management. Operating cash burn was also reduced by 39%, aligning with the firm's goal to reach positive cash flow by the end of calendar year 2025. The company's strategic emphasis on national security, critical infrastructure, and international market expansion, particularly in Latin America and the Middle East, contributed significantly to revenue growth. Additionally, the firm announced a $3 million partnership in Latin America and several strategic alliances in the Middle East, boosting its presence in the maritime and renewable energy sectors. These efforts are expected to support the company's path to profitability in Q4 2025.

Record Quarterly Revenue

Achieved record quarterly revenue of $2.4 million, marking a 170% increase year-over-year and a 142% increase sequentially.

Strategic Partnerships and Market Expansion

Established partnerships in Latin America, the Middle East, and with multiple companies to expand market presence and secure $3 million in commitments over 36 months.

Operating Expense Reduction

Reduced operating expenses by 41% year-over-year, contributing to a decrease in net loss by 46% from $7.2 million to $3.9 million.

Focus on Strategic Growth Areas

Emphasis on national security, critical infrastructure, and international market expansion contributing to growth.

Positive Cash Flow and Profitability Goals

On track to achieve positive cash flow by the end of calendar year 2025, with disciplined operational efficiency.

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Ocean Power Technologies (OPTT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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OPTT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 17, 2018	2018 (Q4)	- / -3.60	-8.222	56.22% (+4.62)	―	―
Sep 12, 2018	2019 (Q1)	- / -3.60	-4.4	18.18% (+0.80)	―	―
Dec 10, 2018	2019 (Q2)	- / -4.20	-4	-5.00% (-0.20)	―	―
Mar 11, 2019	2019 (Q3)	- / -2.72	-1.8	-51.22% (-0.92)	―	―
Jul 22, 2019	2019 (Q4)	- / -1.05	-3.6	70.86% (+2.55)	―	―
Sep 16, 2019	2020 (Q1)	- / -0.50	-3.6	86.08% (+3.10)	―	―
Dec 09, 2019	2020 (Q2)	- / -0.51	-4.2	87.88% (+3.69)	―	―
Mar 09, 2020	2020 (Q3)	- / -0.46	-2.722	83.03% (+2.26)	―	―
Jun 29, 2020	2020 (Q4)	- / -0.09	-1.049	91.04% (+0.95)	―	―
Sep 14, 2020	2021 (Q1)	- / -0.22	-0.501	56.89% (+0.29)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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OPTT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Dec 16, 2024	$0.32	$0.29	-9.38%
Sep 16, 2024	$0.25	$0.19	-24.00%
Jul 25, 2024	$0.42	$0.31	-26.19%
Mar 13, 2024	$0.29	$0.29	0.00%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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