Ocean Power Technologies OPTT Single Operating — Income Tax Expense Benefit

Similar metrics at other companies

RUMSingle Operating — Income Tax Expense Benefit

$22.99K-26.6%

SOTKOperating — Income Tax Expense Benefit

$87K+118%

MSGSSingle Operating Segment — Income Tax

$6.69M-81.9%

HFFGOperating Segment — Income tax benefit

-$397K+57.4%

HDSNSingle Reporting — Income Tax Expense Benefit

$1.27M+41.9%

SOTKOperating — Income Tax

$115.25K+76.6%

Questions, answered.

What is Ocean Power Technologies's single operating — income tax expense benefit?

Ocean Power Technologies (OPTT) reported single operating — income tax expense benefit of -$258.5K in Q1 2025.

How has Ocean Power Technologies's single operating — income tax expense benefit changed year-over-year?

Ocean Power Technologies's single operating — income tax expense benefit increased by 17.5% year-over-year, from -$313.5K to -$258.5K.

What does single operating — income tax expense benefit mean?

This metric represents the provision for income taxes or the benefit derived from tax credits and deferred tax assets attributable to the operating segment. It reflects the tax burden or relief associated with the segment's jurisdictional operations and financial performance. Analyzing this helps in understanding the effective tax rate and the impact of tax planning on the segment's net earnings.