Coda Octopus Group

Coda Octopus Group, Inc. engages in designing and manufacturing patented real time 3D sonar solutions. It operates through the following two segments: Marine Technology Business and Marine Engineering Business. The Marine Technology Business segment, also called the Products segment, develops solutions for both commercial and defense subsea market. The Marine Engineering Business segment, also called the Services segment, supplies engineering services primarily to prime defense contractors. The company was founded in 1994 and is headquartered in Orlando, FL.

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Coda Octopus Group reports revenue growth, eyes defense market expansion

Coda Octopus Group's fiscal year 2022 performance showed resilience amidst challenges, with a strategic focus on technology development and market expansion. The company faces revenue timing issues and supply chain disruptions but remains optimistic about growth opportunities in defense and commercial sectors.

CODA reports stable Q1 earnings, projects growth in technology sector

CODA demonstrated resilience with stable financials, strong product sales, and operational advancements.
While facing revenue challenges, the company's focus on cost management and product innovation is notable.
Opportunities lie in revenue growth projections, expanding product adoption, and market leadership in underwater imaging.

Coda Octopus Group reports solid Q2 earnings, focuses on growth

Coda Octopus Group shows strong financial performance with a focus on organic growth.
Despite challenges in meeting full-year goals, the company is actively pursuing growth strategies.
Opportunities lie in expanding market adoption of new products and enhancing sales efforts.

Coda Octopus Group reports Q3 revenue decline, eyes growth opportunities

Coda Octopus Group's Q3 2023 performance reflects a revenue decline, but the company maintains profitability and a strong financial position with no debt and significant cash reserves.
Challenges in converting inquiries into orders persist, particularly due to shifts in customer priorities and delays in certain projects, but the company remains optimistic about growth opportunities.
The focus on technology, global business development, and strategic geographies like the U.S. market positions the company for long-term success despite short-term challenges.
With a proactive approach to addressing challenges and leveraging strengths, Coda Octopus Group aims to navigate market dynamics and drive growth through diversified revenue streams and strategic initiatives.

Coda Octopus Group faces revenue decline in 2023, eyes growth

Coda Octopus Group navigated challenges in fiscal 2023, maintaining financial stability and focusing on key technology-driven growth.
The company's strong cash position, technological capabilities, and market focus in North America position it for future opportunities.
Addressing shareholder concerns and leveraging growth opportunities in key markets will be crucial for sustained success.
Progress in underwater vehicle programs and positive early indicators in fiscal 2024 signal a promising outlook for the company.

Coda Octopus Group navigates revenue challenges with strategic focus

Coda Octopus Group faced revenue challenges in Q1 2024 but showed resilience and strategic focus.
The company's strong gross margin and cash position provide a foundation for growth.
Investments in technology and market expansion indicate a proactive approach to future opportunities.
Clear goals set by management signal determination to overcome current challenges and drive growth.

Coda Octopus Group reports steady Q2 earnings and eyes market expansion

Coda Octopus Group showcased strong financial performance with steady revenue and significant increases in operating and net income.
The company's focus on innovation and market expansion through new technologies and market segments positions it well for future growth.
Despite challenges in government funding and potential supply chain disruptions, Coda Octopus Group remains optimistic about long-term prospects.

Coda Octopus Group reports robust Q3 growth and strategic acquisitions

Coda Octopus Group delivered strong financial performance in Q3 2024 with revenue growth, improved profit margins, and positive net income.
The company's strategic focus on defense technology integration and acquisition plans positions it well for future growth and market expansion.
While challenges in cost management and integration exist, leveraging opportunities in existing business segments and acquisitions can drive sustained success.

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Coda Octopus Group, Inc. engages in the developing, manufacturing, and marketing of subsea products. It operates through the Marine Technology Business (Products) and Marine Engineering Business (Services) segments. The Marine Technology Business segment develops solutions for subsea and underwater markets. The Marine Engineering Business segment supplies engineering services primarily to prime defense contractors. It also operates through the Americas, Europe, Australia or Asia, and Middle East or Africa geographical segments. The company was founded in 1994 and is headquartered in Orlando, FL.

Coda Octopus Group's stock rose after Q1 2023 earnings results but dropped after Q2 2023 report, providing a potentially attractive entry point for investors. The company's growth plan focuses on its diver augmented vision display (DAVD) and Echoscope products. Despite the past financial performance, my forecast suggests an investment in Coda could provide a 20%+ return per year through 2027, but investors should closely monitor the growth story.

Coda Octopus: Valuation Is Now Reasonable, But Growth Remains A Concern

Coda Octopus Group, Inc. (NASDAQ:CODA ) Q2 2023 Earnings Conference Call June 14, 2023 10:00 AM ET Company Participants Jackie Keshner - Gateway Group, Inc. Annmarie Gayle - Chairman & CEO Gayle Jardine - Acting CFO Conference Call Participants Brian Kinstlinger - Alliance Global Partners Walter Ramsley - R-Squared David Wright - Henry Investment Trust Operator Good morning, and welcome to Coda Octopus Group's Second Quarter Fiscal Year 2023 Earnings Conference Call. My name is Christine, and I'll be your operator for today.

Coda Octopus Group, Inc. (CODA) Q2 2023 Earnings Call Transcript

ORLANDO, FL, June 14, 2023 (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, today reported its unaudited financial results for its fiscal second quarter ended April 30, 2023 (SQ2023) and the six months then ended (YTD 2023).

Coda Octopus Group Reports Fiscal Second Quarter 2023 Financial Results

Orlando, FL, May 31, 2023 (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 Wednesday, June 14, 2023 at 10:00 a.m. Eastern time to discuss its results for its second quarter ended April 30, 2023. A press release detailing these results will be issued before the opening of trading on the same day.

Coda Octopus Group Sets Fiscal Year 2023 Second Quarter Earnings Conference Call for Wednesday, June 14, 2023 at 10 a.m. Eastern Time

Coda Octopus Group has promising prospects with its volumetric real-time imaging sonar technology and Diver Augmented Vision Display (DAVD) system, which are gaining interest from the US Navy and other industries. Despite doubling its share price in the past year, CODA stock may still be undervalued due to potential underestimation of forward EBITDA estimates and 31% of market capitalization in cash. Risks include liquidity issues, supply chain disruptions, and dependence on specialized customers and the defense market, but the outlook for CODA's offerings remains promising.

Coda Octopus: Still Quite Attractive

ORLANDO, FL, May 05, 2023 (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, announced that its European Director of Finance, Gayle Jardine, has been appointed as Interim Chief Financial Officer, effective May 4, 2023. The Company's Chief Financial Officer, Nathan Parker, has departed from his role, effective May 3, 2023.

Coda Octopus Group Appoints Gayle Jardine as Interim Chief Financial Officer

Coda Octopus: DAVD To Drive Significant Growth, Stock Still Undervalued After 50% Jump

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Coda Octopus Group, Inc. (NASDAQ:CODA ) Q1 2023 Earnings Conference Call March 16, 2023 10:00 AM ET Company Participants Jackie Keshner - Gateway Group, Inc. Annmarie Gayle - Chairman and Chief Executive Officer Nathan Parker - Chief Financial Officer Conference Call Participants Brian Kinstlinger - Alliance Global Partners Operator Good morning, and welcome to Coda Octopus Group's First Quarter Fiscal Year 2023 Earnings Conference Call. My name is Vico, and I'll be your operator today.

Coda Octopus Group, Inc. (CODA) Q1 2023 Earnings Call Transcript

ORLANDO, FL, March 16, 2023 (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, today reported its unaudited financial results for its fiscal first quarter ended January 31, 2023.

Coda Octopus Group Reports Fiscal First Quarter 2023 Financial Results

ORLANDO, FL, March 09, 2023 (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 diving technology, reports that its DAVD system was used in the Deep Sea Expeditionary with No Decompression (DSEND) Suit In-Water Concept Demonstration held at the U.S Navy Experimental Diving Unit (NEDU) between February 7th and 8th. The news highlighting the demo can be found here.

Coda Octopus Group Reports Further Progress on its Diver Augmented Vision Display System (DAVD)

CODA develops, designs, and manufactures high-end sea and diving visibility systems. These are used in commercial and defense applications. The company is at the forefront of its sector in terms of technology. It enjoys a technological moat that has protected its margins and profitability.

Coda Octopus Trades At Fair Value But Is Not An Opportunity

Orlando, FL, March 02, 2023 (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 diving technology, will host a conference call on Thursday, March 16, 2023 at 10:00 a.m. Eastern Time to discuss its results for its first quarter ended January 31, 2023 (“FQ2023”). A press release detailing these results will be issued before the open of trading on the same day.

Coda Octopus Group Sets Fiscal Year 2023 First Quarter Earnings Conference Call for Thursday, March 16, 2023 at 10 a.m. Eastern Time

Orlando, FL, Feb. 03, 2023 (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 diving technology, today announced its participation in A.G.P.'s upcoming Virtual Emerging Growth Technology Conference, which is being held virtually on February 16, 2023. CODA management will be available for one-on-one meetings throughout the day to discuss the Company including its recently reported financial results for fiscal 2022 and the Company's growth accelerators. Those interested in a meeting are encouraged to contact an A.G.P. representative.

Coda Octopus Group Announces Participation in A.G.P.'s Virtual Emerging Growth Technology Conference

Coda Octopus Group, Inc. (NASDAQ:CODA ) Q4 2022 Earnings Conference Call January 30, 2023 10:00 AM ET Company Participants Jeff Grampp - Director, Gateway Group Annmarie Gayle - Chairman and CEO Nathan Parker - CFO Conference Call Participants Brian Kinstlinger - Alliance Global Partners Graham Mattison - Water Tower Research David Wright - Henry Investment Trust Operator Good morning and welcome to Coda Octopus Group's Fiscal Year Ended 2022 Earnings Conference Call. My name is Rob, and I'll be your operator today.

Coda Octopus Group, Inc. (CODA) Q4 2022 Earnings Call Transcript

ORLANDO, FL, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) today reported its audited financial results for its fiscal year ended October 31, 2022.

Coda Octopus Group Reports Fiscal 2022 Financial Results

Orlando, FL, Jan. 17, 2023 (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, will host a conference call on Monday, January 30, 2023 at 10:00 a.m. Eastern Time to discuss its results for the fiscal year ended October 31, 2022. A press release detailing these results will be issued before the open of trading on the same day.

Coda Octopus Group Sets Fiscal Year 2022 Earnings Conference Call for Monday, January 30, 2023 at 10 a.m. Eastern Time

Coda Octopus is benefiting from strong demand for its best-in-class sound underwater technology. The stock has rallied in recent months, up more than 40% since September.

Coda Octopus: Next-Gen Products Driving Earnings Momentum

Coda is leveraged to multiple trends with tailwinds including defense, energy, and renewables. Very high margin business with enormous operating leverage.

Coda Octopus Asymmetric Upside With Tailwinds

Coda Octopus reported Q3 earnings on 09/14/22 which showed marked progress in defense applications along with continued profitability. The company has a rock-solid balance sheet with zero debt and over $21 million in cash on hand.

Coda Octopus: Solid Progress In Defense Applications Evident In Q3 Results

- Fiscal Third Quarter Revenue Increased 8% Year-Over-Year

Coda Octopus Group Reports Fiscal 2022 Third Quarter and Nine-Month Period Financial Results

NEW YORK, NY / ACCESSWIRE / August 11, 2022 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap publicly traded companies recently issued a new C-Level interview with Coda Octopus Group. Mark had the pleasure of recently conducting the Interview with Annmarie Gayle Chief Executive Officer of Coda Octopus Group Inc. (NASDAQ:CODA).

Traders News Source Senior Editor, Mark Roberts Interviews Annmarie Gayle, CEO of Coda Octopus Group, Inc.

As the addressable market expands and the innovation base grows, CODA has every chance of doubling or tripling its market capitalization. In my opinion, however, the company's valuation is still too high to reflect the current market difficulties.

Coda Octopus Stock Will Be A Buy Again, But A Bit Later

ORLANDO, FL, June 14, 2022 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) today reported its unaudited financial results for its second quarter ended April 30, 2022 (“SQ2022”) and the six months then ended (“YTD 2022”).

Coda Octopus Group Reports Fiscal 2022 Second Quarter and six-Month Period Financial Results

ORLANDO, FL, May 31, 2022 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) today announced the retirement of its current Chief Financial Officer, Mike Midgley who will formally leave his post in June 2022 and the appointment of Nathan Parker who will succeed Mr. Midgley as CFO, effective June 13, 2022. Mr. Parker will be based in Salt Lake City.

News for Coda Octopus Group Stock (CODA)