Ocean Power Technologies (OPTT) CEO, Philipp Stratmann on Q4 2022 Results - Earnings Call Transcript

Jul. 14, 2022 11:45 AM ETOcean Power Technologies, Inc. (OPTT)
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Ocean Power Technologies Inc. (NYSE:OPTT) Q4 2022 Earnings Conference Call July 14, 2022 9:00 AM ET

Company Participants

Philipp Stratmann - President, Chief Executive Officer

Robert Powers - Senior Vice President, Chief Financial Officer

Joseph DiPietro - Controller, Treasurer, Principal Accounting Officer

Conference Call Participants

Robert Silvera - RE Silvera & Associates

Peter Ruggiere - Dawson James

Operator

Good morning and welcome to the Ocean Power Technologies fourth quarter and full year fiscal 2022 conference call. A webcast of this call is also available 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 Philipp Stratmann, President and Chief Executive Officer; Bob Power, Senior Vice President and Chief Financial Officer; and Joseph DiPietro, Controller, Treasurer, and Principal Accounting Officer. Following the prepared remarks, there will be a question and answer session.

I’m now pleased to introduce Joseph DiPietro.

Joseph DiPietro

After the market closed yesterday, we issued our earnings press release and filed our annual report on Form 10-K for the year ended April 30, 2022. All OPT public filings are available on the SEC website and within the Investor Relations section of the OPT website.

This call will include 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, expectations or intentions. These statements are based on assumptions made by management regarding future circumstances over which the company may have little or no control and involve risks, uncertainties and other factors that may cause actual results to be materially different from any future results expressed or implied by such forward-looking statements. Additional information about these risks and uncertainties can be found in the company’s Form 10-K

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