Business Context and Reporting Period
Company: Ocean Power Technologies, Inc.
Filing Type: Form 8-K (Current Report)
Report Date: July 14, 2011
Reporting Period: Fiscal year ended April 30, 2011
This filing serves to announce the Company's financial results for the fiscal year ended April 30, 2011, via a press release attached as Exhibit 99.1.
Key Financial Metrics
The provided text does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are referenced as being contained within the attached press release (Exhibit 99.1) but are not detailed in the body of this Form 8-K.
Material Changes
The filing text does not provide specific data regarding material changes versus the prior comparable period. It only confirms the issuance of results for the year ended April 30, 2011.
Guidance, Outlook, and Risks
Management Commentary: The filing incorporates by reference a press release issued on July 14, 2011, which contains the full results and likely management commentary.
Legal Disclaimer: The information in this Form 8-K and its exhibit is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and will not be incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Review the attached press release (Exhibit 99.1) for specific revenue, net income, and cash flow figures for the fiscal year ended April 30, 2011.
- Verify year-over-year performance metrics and any guidance provided in the press release.
- Confirm the status of the Company's liquidity and debt obligations as detailed in the full financial statements referenced in the exhibit.