2Q23 Results: Revenue Up 22.7% Y/Y; Gross Margin Improves by 34.4%; Consulting Business Driving Top-Line Growth; Strong R&D Efforts Across Offerings
KEY POINTS Revenue grew 22.7% Y/Y to $0.3 million, compared with $0.2 million in 2Q22. The Y/Y increase was primarily due to higher levels of...
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Riding the Wave of Renewable Energy-As-A-Service for Offshore Applications and Maritime Products and Services for Commercial and Military Markets
KEY POINTS Ocean Power Technologies, Inc. (OPT) offers products and consulting services for ocean data collection and reporting, maritime power,...
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