Coda Octopus reports Q1 EPS 8c vs. 8c last year

Reports Q1 revenue $6.7M vs. $5.21M last year. CEO Annmarie Gayle commented: “I am pleased with our overall results of operations in FQ2026, especially the increase in revenue by 28.8%. Notable factors in our FQ2026 are that all our business units increased revenue in the FQ2026 period. Our core business, the Marine Technology Business increased revenue by 47.4% or approximately $1M over the FQ2025 Period. In the FQ2026, this segment’s revenue mix had a bias towards Echoscope sales, reflecting an increase in sales from the strategic region of Asia by 63.4% to approximately $2.6M compared to $1.5M in the FQ2025.”