Investing.com - Coda Octopus reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Coda Octopus announced earnings per share of $0.16 on revenue of $6.27M. Analysts polled by Investing.com EPS of $0.07 on revenue of $5.89M.
Coda Octopus 's are down 34% and is trading at $5.229 , still down 43.77% from its 52 week high of $9.30 set on Tuesday, October 5, 2021.
Coda Octopus shares gained 7.38% to trade at $5.229 in intra-day trade the report.
Coda Octopus follows other major Information Technology sector earnings this month
Coda Octopus's report follows an earnings beat by NVIDIA on Wednesday, August 24, 2022, who reported EPS of $0.51 on revenue of $6.7B, EPS of $0.4991 on revenue of $6.7B.
Broadcom had beat expectations on Thursday, September 1, 2022 with third quarter EPS of $9.73 on revenue of $8.46B, for EPS of $9.56 on revenue of $8.41B.
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