Coda Octopus Group is trading 5.7% up now at $10.59 after fiscal third-quarter revenue rose 9.2% year over year to $7.7 million, above the $7.35 million consensus estimate.
- Earnings matched expectations at $0.12 per share.
- Defense engineering revenue jumped 68.3%, helping offset weaker Marine Technology sales.
- The company reported $31.7 million in cash and no debt.