Coda Octopus Group Reports Fiscal First Quarter 2024 Financial Results [Yahoo! Finance]
Coda Octopus Group, Inc. - Common stock (CODA)
US:NASDAQ Investor Relations:
codaoctopusgroup.com
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Source: Yahoo! Finance
3D/4D/5D/6D imaging sonar technology for real time subsea intelligence and cutting-edge diving technology, today reported its unaudited financial results for its fiscal first quarter ended January 31, 2024 (FQ2024). Annmarie Gayle, CODA's Chairman and CEO, commented: “Our First Quarter 2024 results were in alignment with our internal Business Plan but down compared to our First Quarter 2023. Our internal Business Plan anticipates that our Engineering Business revenue in Fiscal 2024 will be backloaded and therefore this has impacted on our consolidated revenue in our FQ2024. Defense Programs are currently funded by continuing resolutions which means reduced allocation of funding to these programs until agreement is reached on the federal budget. We had also anticipated that several booked engineering projects would not be converted to revenue until later in Fiscal 2024 due to the lead times for receiving components. Despite this, our Engineering Business segment has made some encou
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News
- Coda Octopus Group Reports Sizable Sale of Echoscope PIPE® Sonars to Major Offshore Service Provider. [Yahoo! Finance]Yahoo! Finance
- Coda Octopus Group Reports Sizable Sale of Echoscope PIPE® Sonars to Major Offshore Service Provider.GlobeNewswire
- Is Coda Octopus Group, Inc.'s (NASDAQ:CODA) Recent Price Movement Underpinned By Its Weak Fundamentals? [Yahoo! Finance]Yahoo! Finance
- Coda Octopus Group Appoints Gwenael Rouy Poirier to its Board of DirectorsGlobeNewswire
- New sonar images show remnants of Baltimore bridge collapse amid challenging recovery plan [USA TODAY]USA TODAY
CODA
Sec Filings
- 4/16/24 - Form 3
- 4/15/24 - Form 8-K
- 3/18/24 - Form 10-Q
- CODA's page on the SEC website