Coda Octopus Group Reports Fiscal 2019 Third Quarter Financial Results
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Coda Octopus Group (CODA) Reports Q2 Revenues Miss
September 16, 2019 6:10 AM EDTCoda Octopus Group (NASDAQ: CODA) reported Q2 revenue for the quarter came in at $6.68 million versus the consensus estimate of $7.76 million.
Annmarie Gayle, CODAs Chairman and CEO, commented: In our fiscal third quarter we continued to advance our focused R&D strategy with multiple initiatives across both operating units within our Group. We progressed our work on a number of strategic defense programs, where our real-time 3D sonar technology is being evaluated for potential adoption. Additionally, we were awarded two new defense evaluation projects, after competitive bidding, where the projects sponsors are seeking... More
