Ocean Thermal Energy Corporation Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 03:27 pm EST
Ocean Thermal Energy Corporation announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced operating loss was USD 358,456 compared to USD 525,692 a year ago. Net loss was USD 1.592 million compared to USD 693,974 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago. For the nine months, operating loss was USD 1.233 million compared to USD 1.432 million a year ago. Net loss was USD 4.944 million compared to USD 1.615 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.01 a year ago.