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Ocean Power Technologies Announces CEO Philipp Stratmann Steps Down Effective September 14; Appoints Tracy Pagliara Acting CEO And President, Jason Weed COO

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  1. SEC EDGARSEC EDGAR

    8-K filing — Ocean Power Technologies, Inc. (OPTT)

    Filed: 2026-09-25 AccNo: 0001493152-26-044336 Size: 992 KB Item 1.01: Entry into a Material Definitive Agreement Item 2.03: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant Item 3.02: Unregistered Sales of Equity Securities Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits

  2. Zacks Investment ResearchZacks.Com

    Ocean Power Technologies, Inc. (OPTT) Reports Q1 Loss, Beats Revenue Estimates

    Ocean Power Technologies reported a Q1 loss of $1.88 per share, significantly missing EPS expectations of $0.03, though it beat revenue estimates with $1.7 million (up from $1.18 million year-over-year). The stock has declined 64.5% year-to-date and carries a Zacks Rank #3 (Hold) rating. The company's earnings outlook remains challenged with expected losses continuing into the fiscal year.