Recap: Coda Octopus Group Q2 Earnings - Coda Octopus Group (NASDAQ:CODA)

Coda Octopus Group CODA reported its Q2 earnings results on Tuesday, June 14, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Coda Octopus Group missed estimated earnings by 25.0%, reporting an EPS of $0.06 versus an estimate of $0.08.

Revenue was down $393.00 thousand from the same period last year.

Last quarter the company beat on EPS by $0.07 which was followed by a 2.56% increase in the share price the next day.

Here's a look at Coda Octopus Group's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.04	0.07	0.12	0.05
EPS Actual	0.11	0.01	0.13	0.20
Revenue Estimate	4.78M	6.09M	5.80M	4.30M
Revenue Actual	5.84M	5.08M	5.83M	5.37M

Listen to the earnings announcement yourself by clicking here.

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.