Ocean Power Techs (AMEX:OPTT) reported quarterly losses of $(0.06) per share which missed the analyst consensus estimate of $(0.03) by 100 percent. This is a 50 percent decrease over losses of $(0.04) per share from the same period last year. The company reported quarterly sales of $513.000 thousand which missed the analyst consensus estimate of $3.444 million by 85.10 percent. This is a 37.82 percent decrease over sales of $825.000 thousand the same period last year.