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.

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.

Coda Octopus Group Announces the retirement of Mr. Mike Midgley, current Chief Financial Officer (CFO) and appointment of new CFO Mr.

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”).

Coda Octopus Group Reports Financial Results for the 2022 First Quarter

Multi-generation Navy P rogram to Advance and Standardize Diving Operations in the U.S. and among Allied Forces

Coda Octopus Group Announces Key Milestone Achievements with its Diver Augmented Vision Display (DAVD) System

ORLANDO, FL, March 08, 2022 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA), a global leader in real-time 3D sonar technology and real-time subsea intelligence, announced that it is releasing to the market a new short-range high-definition underwater imaging sonar Echoscope® CIVS (Close-In Visualization System).

Coda Octopus Group Announces Launch of a new ground up Short-Range High-Definition Real Time 3D Sonar, Echoscope® CIVS

ORLANDO, FL, Feb. 14, 2022 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) today reported its audited financial results for its fiscal year ended October 31, 2021.

Coda Octopus Group Reports Fiscal 2021 Financial Results

Coda Octopus operates in the 3D, real time, underwater sonar business. This business is forecast to grow substantially over the coming decades. Defense applications alone appear to justify a much higher share price than the current $8.20 and when you look into the commercial applications of their technology, the potential is clear.

Coda Octopus Group: A Best In Class Company That Is Dramatically Undervalued

ORLANDO, FL, Sept. 20, 2021 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) a global leader in real time 3D/4D/5D and 6D underwater imaging technologies, announced today that its Management will present in a fire side chat organized by Alliance Global Partners. This event will take place via Zoom on Monday, October 4, 2021 at 10:00 a.m. Eastern Time.

Coda Octopus Group to Present Fireside Chat with Alliance Global Partners

Coda Octopus Group(NASDAQ:CODA) stock rose by 0.9% on Wednesday after the company reported its Q3 earnings results on Tuesday, September 14, 2021 at 06:00 AM. Here's what investors need to know about the announcement.

Coda Octopus Group: Q3 Earnings Insights

ORLANDO, FL, Sept. 14, 2021 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) today reported its unaudited financial results for its third quarter ended July 31, 2021 (“2021 Third Quarter”) and the nine months then ended.

Coda Octopus Group Reports Fiscal 2021 Third Quarter and Nine-Month Period Financial Results

Coda Octopus Group is a micro-cap underwater technologies company, which has soared >38% YTD and is trading sideways since July 2021. The company is gradually getting rid of dependence on government contracts, which is about to expand its field of action in the coming years.

Coda Octopus Group: Hidden Gem For Both Value And Growth Investors

ORLANDO, FL, July 06, 2021 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) today announced the appointment of Kevin Kane as Chief Executive Officer of its US subsidiary, Coda Octopus Colmek, Inc. based in Salt Lake City, Utah.

Coda Octopus Group Appoints Mr. Kevin Kane as Chief Executive Officer of Coda Octopus Colmek

Shares of Coda Octopus Group (NASDAQ:CODA) moved higher by 0.8% after the company reported Q2 results. Quarterly Results Earnings per share increased 1100.00% year over year to $0.20, which beat the estimate of $0.05.

Coda Octopus Group: Q2 Earnings Insights

ORLANDO, FL, June 14, 2021 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) today reported its unaudited financial results for its second quarter ended April 30, 2021 (“2021 Second Quarter”) and the six months then ended.

Coda Octopus Group Reports Fiscal 2021 Second Quarter and Six-Month Period Financial Results

ORLANDO, FL, March 17, 2021 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) today reported its unaudited financial results for its fiscal first quarter ended January 31, 2021.

Coda Octopus Group Reports Fiscal 2021 First Quarter Financial Results

ORLANDO, FL, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) today reported its audited financial results for its fiscal year ended October 31, 2020.

Coda Octopus Group Reports Fiscal 2020 Financial Results

At Insider Monkey, we pore over the filings of nearly 817 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we've gathered as a result gives us access to a wealth of collective knowledge based on these firms' portfolio holdings as of September 30. In this article, we will use that wealth of knowledge to determine whether or not Coda Octopus Group, Inc. (NASDAQ:CODA) makes for a good investment right now.

Where Do Hedge Funds Stand On Coda Octopus Group, Inc. (CODA)?

ORLANDO, FL, Sept.  14, 2020  (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) today reported its unaudited financial results for its fiscal third quarter ended July 31, 2020 and nine month period for the 2020 fiscal year.

Coda Octopus Group Reports Fiscal Third Quarter and Nine Month 2020 Financial Results

ORLANDO, FL, Aug.  24, 2020  (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA), a global leader in real-time 3D sonar technology and real-time subsea intelligence, announced that its R&D team had accelerated the development of the GEN 2.0 Diver Augmented Vision Display (DAVD) system during the pandemic shutdown and is making significant progress on completing the DAVD GEN 2.0 developments.

Coda Octopus Group Announces Significantly Advanced Development of Next-GEN 2.0 Diver Augmented Vision Display (DAVD), Team Accelerated Progress during Pandemic Shutdown

ONR Future Naval Capabilities-funded GEN 1.0 Roll-out with Program Lead, NAVSEA 00C3, Back on Track after Pandemic Lockdown Delay

Coda Octopus Group Announces U.S. Navy Fleet Roll-out Restart  of Breakthrough Diver Augmented Vision Display (DAVD) Program

ORLANDO, FL, June  15, 2020  (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) today reported its unaudited financial results for its fiscal second quarter ended April 30, 2020 and the first half of the 2020 fiscal year.

Coda Octopus Group Reports Fiscal 2020 Second Quarter and First Half Year Financial Results

ORLANDO, FL, March  16, 2020  (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) today reported its unaudited financial results for its fiscal first quarter ended January 31, 2020.

Coda Octopus Group Reports Fiscal 2020 First Quarter Financial Results

5-D/6-D Echoscope   ®    PIPE Sonars Scheduled for BETA Trials    with Significant Customer

Coda Octopus Group Brings New and Ground-breaking Capabilities to the Subsea Market – Innovates the World’s Only 5-Dimensional and 6-Dimensional Real-Time Imaging Sonar

Echoscope®-complementary Technology Delivers Combined Complete End-to-end Diver Management Solution, Permits Divers and Supervisors on the Surface to Simultaneously Visualize the Diving Environment in Real Time

Coda Octopus Group Granted Exclusive License for Exploitation in Commercial Market for the Face Plate Technology of the Diver Augmented Vision Display (DAVD) Head-up Display, by Naval Surface Warfare Center Panama City Division

Project Manager, NAVSEA 00C3, Declares First Gen DAVD “Ready for Fleet Issue”

Coda Octopus Group Announces Gen 1 Diver Augmented Vision Display (DAVD) System Completed and Delivered

ORLANDO, FL, Jan.  28, 2020  (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (“CODA”) (Nasdaq: CODA) today reported its audited financial results for its fiscal year ended October 31, 2019.

News for Coda Octopus Group Stock (CODA)