Coda Octopus Clocks Q3 Revenue Growth of 8%
Coda Octopus Group Inc (NASDAQ:CODA) reported third-quarter FY21 revenue growth of 7.9% year-on-year to $5.827 million, marginally ahead of the consensus…
Coda Octopus Group Q3 Sales $5.83M Up From $5.40M YoY
Coda Octopus Group (NASDAQ:CODA) reported $5.83 million in sales this quarter. This is a 8.04 percent increase over sales of $5.40 million the same period last year.
Looking Into Coda Octopus Group’s Return On Capital Employed
Looking at Q2, Coda Octopus Group (NASDAQ:CODA) earned $1.32 million, a 44.2% increase from the preceding quarter. Coda Octopus Group also posted a total of $5.37 million in sales, a 6.4% increase since Q1. In Q1, Coda Octopus Group earned $918.42 thousand, and total sales reached $5.05 million.
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Coda Octopus Group: Q2 Earnings Insights
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 EPS $0.20 Up From $(0.02) YoY, Sales $5.37M Up From $3.29M YoY
Coda Octopus Group (NASDAQ:CODA) reported quarterly earnings of $0.20 per share. This is a 1100 percent increase over losses of $(0.02) per share from the same period last year. The company reported $5.37 million in