Coda Octopus Group Q1 Earnings Call Highlights

CEO Annmarie Gayle said the company’s business comprises three operations: marine technology (its “core” business), defense engineering services, and acoustics sensors and materials. She said the marine technology unit generated 50% of consolidated net revenue in the first quarter and is the foundation of the company’s growth strategy.Net income after taxes was $0.93 million, or $0.08 per diluted share, compared with $0.91 million, also $0.08 per diluted share, in the year-ago quarter. The company recorded ...