Coda Octopus Group Sets Fiscal First Quarter 2025 Earnings Conference Call for Monday, March 17, 2025, at 10 a.m. Eastern Time
February 27 2025 - 8:00AM
Coda Octopus Group, Inc. (“CODA” or the “Company”) (NASDAQ: CODA),
a global market leader in real-time 3D/4D/5D and 6D imaging sonar
technology for real-time subsea intelligence and new generation
augmented reality diving technology, will host a conference call on
Monday, March 17, 2025 at 10:00 a.m. Eastern time to discuss its
results for its fiscal first quarter ended January 31, 2025
(“FQ2025”). A press release detailing these results will be issued
before the opening of trading on March 17, 2025.
The Company’s management will provide prepared
remarks, followed by a question-and-answer period.
Date: Monday, March 17, 2025Time: 10:00 a.m.
Eastern time (7:00 a.m. Pacific time)U.S. dial-in numbers:
1-877-451-6152 or 1-201-389-0879International number:
1-201-389-0879Conference ID: 13751915
The conference call will broadcast live and be available for
replay here.
Persons interested in attending are required to
call the conference telephone number approximately 10 minutes
before the start time. An operator will register your name and
organization. If you have any difficulty connecting with the
conference call, please press *0.
A replay of the call will be available after
approximately 2:00 p.m. Eastern time on the same day through
September 30, 2024.
Telephone replay numbers: 1-844-512-2921 or
1-412-317-6671International replay number: 1-412-317-6671Conference
ID: 13751915
About Coda Octopus Group,
Inc.
The Company, founded in 1994, is an established
supplier to the Underwater/Subsea market. It supplies a range of
hardware and software solutions to this market which includes key
proprietary real time 4D/5D/6D imaging sonars, marketed under the
name Echoscope® and Echoscope PIPE® addressing the underwater
imaging sensor market along with new generation diving technology,
Diver Augmented Vision Display (DAVD) system. The Company’s
Echoscope PIPE® sonar generates real-time 3D/4D/5D images of
moving objects underwater including in zero visibility water
conditions. Echoscope technology is used globally for numerous
applications in both the commercial offshore market and defense
underwater markets. Applications for the Echoscope® technology
include complex mapping underwater, subsea intervention, subsea
asset placements, salvage and recovery, search and rescue, offshore
renewables cable installations and surveys, marine construction,
subsea infrastructure installation, mining applications, robotics
(3D Perception and Depth), breakwater construction and monitoring,
decommissioning, diving applications and port and harbor
security.
The recently launched new generation of diving
technology, DAVD, has the potential to change the way global diving
operations are performed (both in the Defense and Commercial space)
because it is a fully integrated singular system for topside
control and fully connected diver HUD system, allowing both the
topside and diver to share a range of critical information and
visualize the same underwater scene. Furthermore, the DAVD
integrates the Company’s sonar technology, which allows dive
operations to be performed in zero visibility conditions, a common
problem that besets these operations.
The Company recently acquired Precision
Acoustics Limited, an acoustics sensor and materials business.
The Company also includes two discrete Defense
engineering businesses Coda Octopus Martech Ltd (UK based) and Coda
Octopus Colmek, Inc. (US based) whose primary business model is to
supply sub-assemblies into broader mission critical programs in the
capacity of sub-contractors to the Prime Defense Contractors. Their
scope of supply under these programs typically includes concept,
design, prototype, manufacturing, and post-sale support. This gives
them the opportunity to have repeat orders for these sub-assemblies
through the life of these programs.
For further information, please visit
http://www.codaoctopusgroup.com or contact us at
coda@codaoctopusgroup.com.
Forward Looking StatementsThis
press release contains forward-looking statements concerning Coda
Octopus Group, Inc. within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. When used in this
document, the words “may”, “would”, “could”, “will”, “intend”,
“plan”, “anticipate”, “believe”, “estimate”, “expect”, “assume” and
similar expressions are intended to identify forward‐looking
statements. Those forward-looking statements include, without
limitation, statements regarding the Company's expectations for the
growth of the Company's operations and revenue. Such statements are
subject to certain risks and uncertainties, and actual
circumstances, events or results may differ materially from those
projected in such forward-looking statements. Factors that could
cause or contribute to differences include, but are not limited to,
restrictions on our business operations due to the Pandemic,
customer demand for our products and market prices; the outcome of
our ongoing research and development efforts relating to our
products including our patented real time 3D solutions; our ability
to develop the sales force required to achieve our development and
other examples of forward looking statement set forth in our Annual
Report on Form 10-K for the year ended October 31, 2024, filed with
the Securities and Exchange Commission on January 29, 2025, and the
subsequently filed 10-Qs and 8-Ks. Coda Octopus Group, Inc. does
not undertake and specifically disclaims any obligation to update
or revise such statements to reflect new circumstances or
unanticipated events as they occur.
Contact:Geoff TurnerCoda
Octopus Group, Inc. 1- 407-768-
0988coda.ir@codaoctopusgroup.com
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