Ocean Power Technologies, Inc. (OPTT) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the Ocean Power Technologies fourth quarter and full year fiscal 2026 earnings conference call. A webcast of this call is also available and can be accessed by a link on the company's website at www.oceanpowertechnologies.com. This conference call is being recorded and will be available for replay shortly after its completion. On the call today are Dr. Philip Stratmann, President and Chief Executive Officer, and Bob Powers, Senior Vice President and Chief Financial Officer. Following the prepared remarks, there will be a question and answer session. Now I am pleased to introduce Bob Powers. Please go ahead. Thank you and good morning. Last evening, post-market close, we issued our earnings press release for the fourth quarter and fiscal year ended April 30th, 2026. Our public filings are available on the SEC website and within the investor relations section of the OPT website. During this call, we will make forward-looking statements that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may include financial projections or other statements of the company's plans, objectives, expectations or intentions. These statements are based on assumptions made by management regarding future circumstances and involve risks and uncertainties Good morning, everyone, and thank you for joining us. When viewed individually, today's announcements represent a series of important milestones. When viewed together, however, they tell a much more significant story about the evolution of ocean power technologies. Cisco 2026 was a defining year for the company. Over the past 12 months, we continued executing a strategy that has broadened our capabilities, expanded the markets we serve, and str...