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Ocean Power Technologies reports Q1 revenue up 44% to $1.7 million

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  • Ocean Power Technologies reported fiscal 2027 first-quarter results and operational milestones.
  • Revenue reached $1.7 million, up 44% from $1.2 million a year earlier.
  • Backlog was $19.1 million at July 31, 2026, while cash and investments totaled $7.4 million.
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Ocean Power Technologies reports Q1 revenue up 44% to $1.7 million - CoinPost Terminal