Coda Octopus Group Q3 EPS $0.09 Misses $0.12 Estimate, Sales $4.89M Miss $6.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
Coda Octopus Group (NASDAQ:CODA) reported Q3 earnings of $0.09 per share, missing the analyst consensus estimate of $0.12 by 25%. This is a 43.75% decrease from the same period last year. The company also reported quarterly sales of $4.89 million, missing the analyst consensus estimate of $6.20 million by 21.12%. This is a 22.00% decrease from the same period last year.

September 13, 2023 | 10:01 am
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Coda Octopus Group's Q3 earnings and sales missed estimates, indicating a potential negative impact on the stock price in the short term.
Coda Octopus Group's Q3 earnings and sales missed analyst estimates, which is typically seen as a negative signal by the market. This could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100