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CODA reports 9.2% revenue and 8.3% net income growth

Revenue increased 9.2% year-over-year to $7.7M, while net income rose 8.3% to $1.4M; cash increased by $3M, with Defense Engineering Services gains offsetting a 15.2% Marine Technology decline.

CODA

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11:05:01 AM UTC
SquawkNews
Revenue grew 9.2% year-over-year to $7.7M, with strong gains in Defense Engineering Services offsetting a 15.2% decline in Marine Technology. Net income rose 8.3% to $1.4M, and cash increased by $3M. Geopolitical instability impacted core markets, but diversification and new product launches suppor…

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