Ocean Power Technologies, Inc. Pre Releases Third Quarter Fiscal 2026 Results
Ocean Power Technologies, Inc. (OPTT)
US:NASDAQ Investor Relations:
oceanpowertechnologies.gcs-web.com/node/5806
Company Research
Source: GlobeNewswire
MONROE TOWNSHIP, N.J., March 11, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced preliminary financial results for the third quarter ended January 31, 2026 (Q3FY26). The preliminary results included in this press release are subject to change and have not been audited or reviewed by our independent auditor. The Company expects to file its third quarter financial results and update after market close on March 17, 2026. 3Q26 RESULTS and RECENT HIGHLIGHTS Backlog as of January 31, 2026 was approximately $19.9 million, an increase of $12.4 million and 165% over the prior year period.Pipeline as of January 31, 2026 stands at $163.9 million, an increase of $74.7 million and 84% increase over the $89.2 million pipeline at October 31, 2025.OPT secured a multi-buoy contract totaling approximately $6.5 million from the U.S. Department of Homeland Security (“DHS”) supporting a U.S. Coast Guard maritime domain awareness
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News
- Ocean Power Technologies sees expanding defense demand as backlog and pipeline grow [Yahoo! Finance]Yahoo! Finance
- Ocean Power Technologies, Inc. Pre Releases Third Quarter Fiscal 2026 Results [Yahoo! Finance]Yahoo! Finance
- Ocean Power Technologies to Announce Fiscal 2026 Third Quarter Results on March 17, 2026GlobeNewswire
- Ocean Power Technologies Highlights Strategic Relevance of Autonomous Maritime Systems Amid Heightened Regional TensionsGlobeNewswire
- Ocean Power Technologies CEO discusses US Coast Guard deal - ICYMI [Yahoo! Finance]Yahoo! Finance
OPTT
Sec Filings
- 3/13/26 - Form 8-K
- 3/6/26 - Form 4
- 3/6/26 - Form 4
- OPTT's page on the SEC website