Financial ReviewOPT’s contract backlog as of January 31, 2012 was $7.8 million compared to $8.8 million as of October 31, 2011 and $5.8 million as of January 31, 2011. Backlog includes funded amounts and unfunded amounts that are expected to be funded in the future. Funded backlog was $5.8 million, $6.8 million, and $5.3 million as of January 31, 2012, October 31, 2011 and January 31, 2011, respectively.
Ocean Power Technologies Announces Results For The Fiscal Third Quarter Ended January 31, 2012
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