Business Context and Reporting Period
Company: Ocean Power Technologies, Inc. (OPTT)
Filing Type: Form 8-K (Current Report)
Report Date: December 9, 2019
Reporting Period: Fiscal Second Quarter ended October 31, 2019
This filing serves as a notification that the Company issued a press release announcing its financial results for the specified quarter. The detailed financial data is contained in the press release furnished as Exhibit 99.1, which is incorporated by reference.
Key Financial Metrics
The provided text is a cover sheet for the 8-K filing and does not contain specific numerical data regarding revenue, profit, cash flow, margins, debt, or liquidity. These figures are located in the referenced press release (Exhibit 99.1) and are not present in the source text provided.
Material Changes
The filing text does not provide specific details on material changes versus the prior comparable period. It only confirms the announcement of results for the quarter ended October 31, 2019.
Guidance, Outlook, and Risks
Management Commentary: The filing notes the issuance of a press release and the scheduling of an investor conference call and webcast to discuss the results.
Guidance and Risks: No specific guidance, outlook, risk factors, or contingencies are detailed in the text of this 8-K cover sheet.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for actual revenue, net income, and cash flow figures for the quarter ended October 31, 2019.
- Verify the date and time of the investor conference call mentioned in the press release.
- Check for any forward-looking statements or updated guidance provided during the conference call or in the full press release.
- Confirm the Company's liquidity position and debt obligations as detailed in the full financial report referenced.