Coda Octopus rises on quarterly profit

Coda Octopus

14/06/2021 13:55

** Shares of subsea sonar technology provider  CODA.O  up
over 2% at $9.37 in premarket trading
    ** Posts Q2 net profit after taxes of $2.21 mln vs net loss
of $265,000 last year  urn:newsml:reuters.com:*:nGNX1VYN7F
    ** Q2 revenue rises 63.4% to $5.37 mln on strong performance
of products business 
    ** Stock up 45.5% YTD, as of last close 

 (Reporting by Shreyasee Raj in Bengaluru)
 ((Shreyasee.Raj@thomsonreuters.com;))