Coda Octopus Group Q3 2024 GAAP EPS $0.11 Beats $0.08 Estimate, Sales $5.476M Beat $5.419M Estimate
Portfolio Pulse from Benzinga Newsdesk
Coda Octopus Group reported Q3 2024 earnings per share of $0.11, surpassing the analyst estimate of $0.08 by 37.5%. The company's sales were $5.476 million, exceeding the expected $5.419 million and marking an 11.98% increase from the previous year.
September 16, 2024 | 12:02 pm
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Coda Octopus Group's Q3 2024 earnings and sales exceeded expectations, with EPS at $0.11 and sales at $5.476 million, indicating strong financial performance.
The company's earnings per share and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. The significant beat on EPS and the year-over-year sales growth suggest strong operational performance.
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