Coda Octopus Group (NASDAQ:CODA) Releases Earnings Results, Beats Expectations By $0.01 EPS

Coda Octopus Group (NASDAQ:CODA) posted its quarterly earnings results on Monday. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.01, Yahoo Finance reports. The firm had revenue of $5.48 million for the quarter. Coda Octopus Group had a return on equity of 5.54% and a net margin of 15.15%.

Coda Octopus Group Price Performance

Shares of CODA opened at $7.12 on Wednesday. The company has a market cap of $79.57 million, a PE ratio of 28.48 and a beta of 0.54. The firm has a 50-day moving average of $7.01 and a 200-day moving average of $6.51. Coda Octopus Group has a one year low of $5.21 and a one year high of $7.83.

Coda Octopus Group Company Profile

Coda Octopus Group, Inc, together with its subsidiaries, develops, sells, and rentals underwater technologies and equipment for real time 3D imaging, mapping, defense, and survey applications in the Americas, Europe, Australia, Asia, the Middle East, and Africa. The company operates through two segments, Marine Engineering Business and Marine Technology Business.