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

Coda Octopus Group 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.

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.

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.