Coda Octopus Reports Modest Increase in Q3 Net Income

Written by Emily J. Thompson, Senior Investment Analyst

Source: NASDAQ.COM

Updated: Sep 15 2025

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CODA-13.84%

Should l Buy CODA?

Source: NASDAQ.COM

Quarterly Financial Performance: Coda Octopus reported a net income of $1.28 million for Q3, a slight increase from $1.27 million a year ago, with earnings per share remaining flat at $0.11.
Revenue Growth: The company experienced a 29% increase in total revenue, reaching approximately $7.1 million, with core business revenues rising by 30.7% to $4.0 million compared to the previous year.
Pre-Tax Income Decline: Pre-tax income decreased by 5.4% to about $1.5 million, down from $1.6 million in the same period last year.
Market Reaction: Shares of Coda Octopus rose by 5% in pre-market trading following the earnings report.

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About CODA

Coda Octopus Group, Inc. is a supplier to the underwater/subsea market. It operates through two businesses: Marine technology business and Marine engineering business. Its marine technology business provides technology solutions for the subsea and underwater market. Its marine engineering business supplies embedded solutions and sub-assemblies which it designs and manufactures and sells as an integrated defense system. It supplies a range of hardware and software solutions to this market which includes key proprietary real time 4D/5D/6D imaging sonars, marketed under the name Echoscope and Echoscope PIPE, addressing the underwater imaging sensor market, along with Diver Augmented Vision Display (DAVD) system technology. The Company’s Echoscope PIPE sonar generates real-time 3D/4D/5D images of moving objects underwater including in zero visibility water conditions. Its Echoscope technology is used in both the commercial offshore market and the defense underwater market applications.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Coda Octopus to Host Q1 2026 Conference Call

5 days agoNewsfilter

Conference Call Announcement: Coda Octopus will host a conference call on March 17, 2026, at 10:00 a.m. ET to discuss its Q1 2026 results, with a press release to be issued before market opening, aimed at providing investors with insights into the company's financial health and operational updates.
Technological Innovation: The newly launched Diver Augmented Vision Display (DAVD) integrates real-time 3D/4D/5D imaging sonar technology, enabling diving operations in zero visibility conditions, which is expected to significantly enhance operational efficiency in both defense and commercial sectors, thereby strengthening market competitiveness.
Acquisition and Expansion: Coda Octopus recently acquired Precision Acoustics Limited, a company with ISO/IEC 17025 certification in acoustic sensors and materials, which is anticipated to bolster the company's technical capabilities and expand its business in the medical and defense markets.
Defense Engineering Services: The company's subsidiaries, Coda Octopus Martech Ltd and Coda Octopus Engineering, Inc., focus on supplying critical sub-assemblies to prime defense contractors, which is expected to generate repeat orders through ongoing contracts, further solidifying its position in the defense market.

WISeKey Appoints New CFO to Drive Satellite Business Growth

Feb 10 2026Newsfilter

Executive Appointment: WISeKey appointed Gwenael Rouy-Poirier as CFO of its satellite subsidiary WISeSat effective February 2, 2026, aiming to enhance financial governance and capital market activities to support the company's growth strategy in satellite communications.
Listing Plans: WISeSat signed a Business Combination Agreement with Columbus Acquisition Corp in November 2025, planning to list on Nasdaq, which will provide broader capital access and drive business expansion in IoT and defense sectors.
Extensive Experience: Rouy-Poirier brings over 25 years of international finance and operational leadership experience, having held senior finance roles at global industrial leaders like GKN Aerospace, Honeywell, and Danaher, providing the necessary rigor and credibility for WISeSat in complex, technology-driven industries.
Market Outlook: As demand for high-performance satellite connectivity accelerates, Rouy-Poirier's addition will support WISeSat's engagement in capital markets, ensuring the company meets U.S. public market investors' expectations while creating long-term value for stakeholders.

Coda Octopus Reports FY 2023 Earnings

Jan 29 2026seekingalpha

Earnings Highlights: Coda Octopus reported a GAAP EPS of $0.37 for FY 2023, indicating a significant improvement in profitability that enhances its competitive position in the market.
Revenue Growth: The company achieved revenues of $26.6 million, reflecting a 31% year-over-year increase, which signals a rapidly rising market demand for Coda Octopus's emerging sonar technology.
Technological Outlook: Coda Octopus's strategic focus on underwater augmented reality and sonar technology suggests that the company is poised to capture a larger market share in these high-growth sectors, further driving revenue growth.
Investor Confidence: Seeking Alpha's Quant Rating on Coda Octopus indicates a positive market outlook for its future performance, potentially attracting more investor interest and enhancing stock price performance.

Coda Octopus to Announce FY Earnings on January 29

Jan 28 2026seekingalpha

Earnings Announcement: Coda Octopus is set to release its FY earnings on January 29 before market open, with expectations that its performance will positively impact stock prices.
Earnings Expectations: The consensus EPS estimate stands at $0.34, reflecting a 6.3% year-over-year increase, indicating a steady improvement in the company's profitability that may attract more investor interest.
Revenue Projections: Revenue is estimated at $25.82 million, representing a 27.1% year-over-year growth, showcasing Coda Octopus's strong growth potential in underwater AR and sonar technology, further solidifying its market position.
Historical Performance: Over the past year, Coda Octopus has beaten EPS estimates 100% of the time and revenue estimates 50% of the time, demonstrating its consistent performance stability and market confidence.