Business Context and Reporting Period
Company: Ocean Power Technologies, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: December 9, 2011
Reporting Period: Quarter ended October 31, 2011
This filing serves to announce the Company's financial results for the quarter ended October 31, 2011, via a press release attached as Exhibit 99.1.
Key Financial Metrics
The provided text is a cover sheet for the Form 8-K and does not contain specific financial data. It references a press release (Exhibit 99.1) for details on revenue, profit, cash flow, margins, debt, and liquidity. Consequently, no specific numerical values for these metrics are available in the source text.
Material Changes
The filing text does not provide specific details regarding material changes versus the prior comparable period. Investors must refer to the attached press release (Exhibit 99.1) for comparative analysis.
Guidance, Outlook, and Risks
The text does not contain management commentary, forward-looking guidance, specific risk factors, or details on contingencies and unusual items. The filing explicitly states that the information is incorporated by reference from the attached press release.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated December 9, 2011) for actual financial figures.
- Verify the specific revenue and net loss figures for the quarter ended October 31, 2011.
- Check for any updates on the Company's liquidity position and cash burn rate in the full press release.
- Confirm if there were any material changes in the Company's operational status or contract awards during the period.