Diver Augmented Vision Display (DAVD) systems
Search documents
Coda Octopus Group (CODA) Releases its FQ3 2025 Results
Yahoo Financeยท 2025-09-21 08:19
Group 1 - Coda Octopus Group, Inc. reported fiscal third quarter 2025 revenue of $7.06 million, a 29% year-over-year increase, exceeding expectations by $300,800 [1] - The company's EPS was $0.11, surpassing estimates by $0.02 [1] - Growth was primarily driven by the Marine Technology Business, which grew 30.7% year-over-year to reach $4 million [1] - The newly acquired Acoustics Sensors and Materials Business contributed $1.5 million to revenue [1] Group 2 - Coda Octopus Group advanced its Diver Augmented Vision Display (DAVD) technology, achieving $1.5 million in sales this quarter, with expectations to reach $3.5 to $4 million for the year, up from $1.2 million last year [2] - The company completed the DUS Hardening Program, delivering 16 redesigned untethered DAVD systems to the US Navy for special forces [2] - Coda Octopus Group specializes in underwater and subsea technology solutions, offering real-time 3D to 6D imaging sonars and DAVD systems [2]