Coda Octopus Group, Inc. (NASDAQ: CODA) unveiled its earnings report, allowing investors to assess the company's performance in the third quarter, prior to the opening of regular trading today.
The outcomes have piqued the attention of Wall Street, as the top line and bottom line surpassed the market projections.
The revenues totaling $5.48 million, outperformed analysts expected $5.42 million for the quarter.
During the quarter the business recorded a income of $0.11 per share, surpassed the market estimated $0.10 profit per share.
The topline increased 11.98 percent, at the same time the bottomline soared 22.22 percent in comparison to the matching quarter of preceding year.
Coda Octopus Group (CODA) closed Friday's regular trading session at $7.05, showing a 1.15 percent gain. During the day, CODA shares traded between $6.95 and $7.05, with a day volume of 28.00 thousand shares.
