Coda Octopus Group (CODA) Reports Q1 Results

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Coda Octopus Group Reports Financial Results for the 2022 First Quarter

March 16, 2022 6:05 AM EDT

ORLANDO, FL, March 16, 2022 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) today reported its unaudited financial results for its first quarter ended January 31, 2022 (FQ2022).

Annmarie Gayle, CODAs Chairman and CEO, commented: I am very pleased that our financial results for the FQ2022 improved over the comparable period last year (FQ2021). In the Products Business we continue to see strong interest in both the Echoscope PIPE® and DAVD. We believe that in this fiscal year we will start seeing adoption of the DAVD in foreign navies and the commercial... More