Coda Octopus Group Reports Fiscal 2024 Financial Results
Coda Octopus Group, Inc. - Common stock (CODA)
US:NASDAQ Investor Relations:
codaoctopusgroup.com
Company Research
Source: GlobeNewswire
ORLANDO, FL, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (Nasdaq: CODA) today reported its audited financial results for its fiscal year ended October 31, 2024 (FY2024). Annmarie Gayle, CODA’s Chairman and CEO, commented: “I am pleased with our overall financial performance in FY2024 as we increased revenue, gross profit margins, operating income, net income and earnings per share. We are also very pleased with the value we are creating for our shareholders by the deployment of our cash and in FY2024, we completed the first acquisition under our M&A Strategy. Furthermore, although our business was significantly affected by the funding constraints posed by the use of continuing resolutions for Defense Programs, we were able to pivot and mitigate the impact of reduced funding allocation under these programs, demonstrating the diversification and resilience of our revenue structure”. In addition, despite challenges under Defense Programs, management continued to invest
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- Coda Octopus: Emerging Sonar Technology Play [Seeking Alpha]Seeking Alpha
- Coda Octopus Group (NASDAQ:CODA) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=CODA&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall StreMarketBeat
- Coda Octopus Group (NASDAQ:CODA) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Coda Octopus Group (NASDAQ:CODA) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=CODA&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall StreMarketBeat
- Coda Octopus Group (NASDAQ:CODA) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
CODA
Sec Filings
- 10/14/25 - Form SCHEDULE
- 10/3/25 - Form 4
- 9/23/25 - Form 4
- CODA's page on the SEC website