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Stock impact report

Coda Octopus Group Reports Fiscal 2019 First Quarter Financial Results

Coda Octopus Group, Inc. - Common stock (CODA) 
US:NASDAQ Investor Relations: codaoctopusgroup.com
Company Research Source: GlobeNewswire
ORLANDO, FL, March 18, 2019 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) today reported its unaudited financial results for its fiscal first quarter ended January 31, 2019. Annmarie Gayle, CODA’s Chairman and CEO commented: “During the fiscal first quarter, we advanced our strategic lead position in real-time 3D subsea visualization technology in three significant areas. We completed, and launched in early February, the full line of hardware revisions for our real-time fourth and fifth generation 3D imaging sonar, Echoscope 4G®. These smaller, lighter real-time 3D sonars have been designed for the forthcoming 4G/5G algorithm advancements that, we believe, will provide game-changing capabilities to the subsea market, including simultaneous real-time 3D visualization of multiple targets, thus opening up significantly the benefits of real-time 3D subsea visualization. We are also very excited to have launched the first in a planned series of artificial intelligen Show less Read more
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