Coda Octopus Group, Inc. (CODA) Q2 2024 Earnings Call Transcript

Coda Octopus Group, Inc. (NASDAQ:CODA) Q2 2024 Earnings Conference Call June 12, 2024 10:00 AM ET

Company Participants

Geoff Turner – IR
Annmarie Gayle – Chair and Chief Executive Officer
Gayle Jardine – Interim-CFO

Conference Call Participants

Brian Kinstlinger – Alliance Global Partners
William Bremer – Vanquish Capital Partners

Operator

Good morning. Welcome to Coda Octopus’ Group Second Quarter 2024 Earnings Call. My name is Sheri and I will be your operator today. Before this call, Coda Octopus issued its financial results for the second quarter 2024, ended April 30, 2024, including a press release, a copy of which will be furnished in a report filed with the SEC. It will be available in the investor relations section of the company’s website.

Joining us on today’s call from Coda Octopus are its Chair — its CEO, Annmarie Gayle; its Interim CFO, Gayle Jardine. Following their remarks, we will open up the call for questions.

Before we begin, Geoff Turner will make a brief introductory statement. Mr. Turner, please proceed.

Geoff Turner

Thank you, operator. Good morning, everyone. Welcome to Coda Octopus second quarter of fiscal 2024 earnings conference call.

Before management begins their formal remarks, we would like to remind everyone that some statements we’re making today may be considered forward-looking statements under Securities Law and involve a number of risks and uncertainties. As a result, we caution you that there are a number of factors, many of which are beyond our control, which could cause actual results and events to differ materially from those described in the forward-looking statement. For more detailed risks, uncertainties and assumptions relating to our forward-looking statements, please see the disclosures in our earnings release and public filing made with the Securities and Exchange Commission. We disclaim any obligation or undertaking to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made, except as may be required by law.

We refer you to our filings with the Securities and Exchange Commission for detailed disclosures and descriptions of our business, as well as uncertainties and other variable circumstances, including, but not limited to, risks and uncertainties identified in our Form 10-K for the year ended October 31, 2023 and Form 10-Q for the first and second quarter of this fiscal year. You may get Coda Octopus’ Securities and Exchange Commission filings free by visiting the SEC website at www.sec.gov.

I would also like to remind everyone that this call is being recorded, and will be made available for replay via a link in the Investor Relations section of Coda Octopus’ website.

Now, I will turn the call over to the company’s Chair and CEO, Annmarie Gayle. Annmarie?

Annmarie Gayle

Thanks, Geoff, and good morning, everyone. Thank you for joining us for our second quarter 2024 earnings call.

Our revenue in the second quarter 2024…