Coda Octopus up after quarterly revenue rise

By Reuters News

** Shares of subsea sonar technology provider Coda Octopus CODA.O gain ~3% at $10.36 premarket

** CODA Q3 total revenue jumps 9.2% to $7.7 million

** Q3 EPS rises to $0.12 from yr-ago $0.11

** Reports strong growth in its defense engineering and acoustic-sensing businesses

** Revenue from the core marine technology business fell 15.2%, hurt by geopolitical instability tied to the Iran conflict - CEO Annmarie Gayle

** Up to last close, stock up ~8% YTD

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