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Ocean Power Technologies says government shutdown hurt earnings, revenue in quarter
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Ocean Power Technologies says government shutdown hurt earnings, revenue in quarter
Ocean Power Technologies Inc. said Dec. 15 that financial results for the fiscal second quarter ended Oct. 31 were adversely affected by the federal government shutdown, which began on Oct. 1 and lasted for a record 43 days. The maritime solutions and services company that provides ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets and platforms for electric power said it posted a net loss…
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