Recap: Coda Octopus Group Q1 Earnings

Coda Octopus Group CODA reported its Q1 earnings results on Wednesday, March 16, 2022 at 06:00 AM.

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

Coda Octopus Group beat estimated earnings by 175.0%, reporting an EPS of $0.11 versus an estimate of $0.04.

Revenue was up $790.00 thousand from the same period last year.

Last quarter the company missed on EPS by $0.06 which was followed by a 7.86% drop in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.07	0.12	0.05	0.03
EPS Actual	0.01	0.13	0.20	0.10
Revenue Estimate	6.09M	5.80M	4.30M	4.40M
Revenue Actual	5.08M	5.83M	5.37M	5.05M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.