Earnings Release
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Ocean Power Technologies Provides Update to Previously Announced Preliminary Fiscal 2026 Financial Results MONROE TOWNSHIP, N.J., August 19, 2026 – Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), a leader in maritime operational infrastructure, autonomous ocean systems, and AI-enabled maritime intelligence solutions, today provided an update to the preliminary financial results previously announced on July 23, 2026. Following completion of additional audit procedures and consultation with the National Office of the Company’s independent registered public accounting firm, the Company revised its accounting treatment with respect to certain revenue, costs and other accounting matters identified in connection with the completion of the audit. As a result, certain previously reported preliminary financial results have b...
Source
0001493152-26-039793
Filed August 24, 2026 at 1:00 PM UTC. The figures above are from the audited statements, not from this release.