Coda Octopus Group Q2 2024 GAAP EPS $0.13 Beats $0.05 Estimate, Sales $5.323M Beat $4.542M Estimate

6/12/24 8:02:08 AM ET

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Coda Octopus Group (NASDAQ:CODA) reported quarterly earnings of $0.13 per share which beat the analyst consensus estimate of $0.05 by 160 percent. The company reported quarterly sales of $5.323 million which beat the analyst consensus estimate of $4.542 million by 17.20 percent. This is a 0.40 percent increase over sales of $5.302 million the same period last year.

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Coda Octopus Group Reports Fiscal Third Quarter 2024 Financial Results
ORLANDO, FL, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. ("CODA" or the "Company") (NASDAQ:CODA), a global market leader in real-time 4D/5D/6D imaging sonar technology for real-time subsea intelligence and cutting-edge diving technology, today reported its unaudited financial results for its fiscal third quarter ended July 31, 2024 (TQ2024) and the nine months then ended (YTD2024). For TQ2024 revenues increased by 12.0% and we generated revenues of $5.5 million versus $4.9 million during the TQ2023. Operating income increased by 61.2% and was $1.4 million in TQ2024 versus $0.9 million. The increase in operating income is attributed to the increase in our revenue in
9/16/24 8:00:00 AM ET
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Coda Octopus Group Sets Fiscal Third Quarter 2024 Earnings Conference Call for Monday, September 16, 2024, at 10 a.m. Eastern Time
Orlando, FL, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. ("CODA" or the "Company") (NASDAQ:CODA), a global market leader in real-time 3D/4D/5D and 6D imaging sonar technology for real-time subsea intelligence and diving technology, will host a conference call on Monday, September 16, 2024 at 10:00 a.m. Eastern time to discuss its results for its fiscal third quarter ended July 31, 2024. A press release detailing these results will be issued before the open of trading on September 16, 2024. The Company's management will provide prepared remarks, followed by a question-and-answer period. Date: Monday, September 16, 2024Time: 10:00 a.m. Eastern time (7:00 a.m. Pacific time)U.
8/28/24 8:00:00 AM ET
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Coda Octopus Group Reports Fiscal Second Quarter 2024 Financial Results
ORLANDO, FL, June 12, 2024 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. ("CODA" or the "Company") (NASDAQ:CODA), a global market leader in real-time 4D/5D/6D imaging sonar technology for real-time subsea intelligence and cutting-edge diving technology, today reported its unaudited financial results for its fiscal second quarter ended April 30, 2024 (SQ2024) and the six months then ended (YTD2024). For SQ2024 we generated revenues of $5.32 million versus $5.30 million during the SQ2023. Revenues were in line with our SQ2023 revenue despite government delays, which we believe are related to the upcoming US Presidential elections, resulting in funding gaps for many Defense Programs a
6/12/24 8:00:00 AM ET
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Coda Octopus Group Announces Acquisition of Precision Acoustics Limited
ORLANDO, FL, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. ("CODA" or the "Company") (NASDAQ:CODA), a global market leader in 3D/4D/5D/6D imaging sonar technology for real time subsea intelligence and cutting-edge diving technology, today announced that it has completed the acquisition of Precision Acoustics Limited, based in Dorchester, UK, in close proximity to the Company's subsidiary, Coda Octopus Martech Limited. Precision Acoustics was formed in 1997 and is well established as a leading technical authority to the MHz ultrasound and acoustic measurement markets and is a global leader in the field of hydrophone design and other acoustic-related technologies which have wid
11/4/24 7:00:00 AM ET
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Coda Octopus Group Elects Dr. Angus McFadzean to its Board of Directors
ORLANDO, FL, May 29, 2024 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. ("CODA" or the "Company") (NASDAQ:CODA), a global market leader in real-time 3D/4D/5D and 6D imaging sonar technology for real-time subsea intelligence and real time information platform diving technology, announced the election of Dr. Angus McFadzean to fill a vacancy created by the recent decision of the Board to expand the number of seats on the Company's Board. His election will become effective July 1, 2024. Dr. McFadzean is one of the founders of Coda Technologies Limited in 1994 (now Coda Octopus Products Limited, which forms part of our Marine Technology Business) and has worked with our Marine Technology B
5/29/24 8:00:00 AM ET
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Coda Octopus Group Appoints Gwenael Rouy Poirier to its Board of Directors
ORLANDO, FL, April 15, 2024 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. ("CODA" or the "Company") (NASDAQ:CODA), a global market leader in real-time 3D/4D/5D and 6D imaging sonar technology for real-time subsea intelligence and real time information platform diving technology, announced the appointment of Gwenael Rouy Poirier to fill a vacancy created by the recent decision of the Board to expand the number of seats on the Company's Board. Gwenael is an experienced business leader with over 27 years' experience, mostly in the Aerospace and Defense industries. Residing in Switzerland, his international career has taken him to live and work in several countries in Asia, to the USA and the
4/15/24 6:45:00 AM ET
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Coda Octopus Group Announces that it has recently received an order for fifteen of its new generation F280® GNSS Aided Inertial Navigation Systems ("GNSS Aided INS") for Contract Value of $576,000
ORLANDO, FL, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. ("CODA" or the "Company") (NASDAQ:CODA), a global market leader in 3D/4D/5D/6D imaging sonar technology for real time subsea intelligence and cutting-edge diving technology, today announced that its Marine Technology Business Unit ("Products Business") received an order for fifteen (15) of its new generation F280® GNSS Aided INS systems ("Motion products") valued at approximately $576,000 and which will be used in a foreign Navy Program. Annmarie Gayle, CODA's Chairman and CEO, commented: "We are very pleased to have received this order for this new foreign Navy Program. The F180 Series® (the predecessor product to ou
11/12/24 7:00:00 AM ET
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Industrial Machinery/Components
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Coda Octopus Group Announces Acquisition of Precision Acoustics Limited
ORLANDO, FL, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. ("CODA" or the "Company") (NASDAQ:CODA), a global market leader in 3D/4D/5D/6D imaging sonar technology for real time subsea intelligence and cutting-edge diving technology, today announced that it has completed the acquisition of Precision Acoustics Limited, based in Dorchester, UK, in close proximity to the Company's subsidiary, Coda Octopus Martech Limited. Precision Acoustics was formed in 1997 and is well established as a leading technical authority to the MHz ultrasound and acoustic measurement markets and is a global leader in the field of hydrophone design and other acoustic-related technologies which have wid
11/4/24 7:00:00 AM ET
$CODA
Industrial Machinery/Components
Industrials
Coda Octopus Group Reports Fiscal Third Quarter 2024 Financial Results
ORLANDO, FL, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. ("CODA" or the "Company") (NASDAQ:CODA), a global market leader in real-time 4D/5D/6D imaging sonar technology for real-time subsea intelligence and cutting-edge diving technology, today reported its unaudited financial results for its fiscal third quarter ended July 31, 2024 (TQ2024) and the nine months then ended (YTD2024). For TQ2024 revenues increased by 12.0% and we generated revenues of $5.5 million versus $4.9 million during the TQ2023. Operating income increased by 61.2% and was $1.4 million in TQ2024 versus $0.9 million. The increase in operating income is attributed to the increase in our revenue in
9/16/24 8:00:00 AM ET
$CODA
Industrial Machinery/Components
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Coda Octopus Group Q2 2024 GAAP EPS $0.13 Beats $0.05 Estimate, Sales $5.323M Beat $4.542M Estimate

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Recent Analyst Ratings for $CODA

$CODA Insider Purchases

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Sondergaard Niels bought $98,776 worth of shares (16,500 units at $5.99) (SEC Form 4)

Gayle Annmarie bought $98,776 worth of shares (16,500 units at $5.99) (SEC Form 4)

Gayle Annmarie bought $99,977 worth of shares (16,580 units at $6.03) (SEC Form 4)

$CODA SEC Filings

Coda Octopus Group Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

SEC Form 10-Q filed by Coda Octopus Group Inc.

Coda Octopus Group Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

$CODA Insider Trading

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$CODA Financials

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Director Hamilton Michael J. was granted 2,508 shares, increasing direct ownership by 83% to 5,533 units (SEC Form 4)

New insider Mcfadzean Angus Gordon claimed ownership of 745 shares (SEC Form 3)

New insider Rouy-Poirier Gwenael Jerome claimed no ownership of stock in the company (SEC Form 3)

Coda Octopus Group Reports Fiscal Third Quarter 2024 Financial Results

Coda Octopus Group Sets Fiscal Third Quarter 2024 Earnings Conference Call for Monday, September 16, 2024, at 10 a.m. Eastern Time

Coda Octopus Group Reports Fiscal Second Quarter 2024 Financial Results

$CODA Leadership Updates

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Coda Octopus Group Announces Acquisition of Precision Acoustics Limited

Coda Octopus Group Elects Dr. Angus McFadzean to its Board of Directors

Coda Octopus Group Appoints Gwenael Rouy Poirier to its Board of Directors

$CODA Market Insights

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$CODA Large Ownership Changes

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Coda Octopus Group Receives $906K Engineering Services Order

Coda Octopus Group Q2 2024 GAAP EPS $0.13 Beats $0.05 Estimate, Sales $5.323M Beat $4.542M Estimate

Coda Octopus Group Announces Launch Of AI-Based Digital Audio Communications System "Voice HUB-4" After Successful Tests With Naval Customers.

Amendment: SEC Form SC 13G/A filed by Coda Octopus Group Inc.

Amendment: SEC Form SC 13G/A filed by Coda Octopus Group Inc.

SEC Form SC 13G/A filed by Coda Octopus Group Inc. (Amendment)

Coda Octopus Group Announces that it has recently received an order for fifteen of its new generation F280® GNSS Aided Inertial Navigation Systems ("GNSS Aided INS") for Contract Value of $576,000

Coda Octopus Group Announces Acquisition of Precision Acoustics Limited

Coda Octopus Group Reports Fiscal Third Quarter 2024 Financial Results

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