Coda Octopus Group (NASDAQ:CODA) reported its Q2 earnings results on Wednesday, June 14, 2023 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Coda Octopus Group missed estimated earnings by 10.0%, reporting an EPS of $0.09 versus an estimate of $0.1.
Revenue was up $322 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 2.1% drop in the share price the next day.
Here’s a look at Coda Octopus Group’s past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.09 | 0.10 | 0.08 | |
| EPS Actual | 0.12 | 0.06 | 0.16 | 0.05 |
| Revenue Estimate | 5.59M | 5.99M | 5.89M | 5.70M |
| Revenue Actual | 5.60M | 5.13M | 6.27M | 4.98M |
To track all earnings releases for Coda Octopus Group visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
