Welcome to our dedicated page for Innodata news (Ticker: $INOD), a resource for investors and traders seeking the latest updates and insights on Innodata stock.
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Innodata Inc. reported record first-quarter results with revenue at $26.5 million, up 41% year-over-year. The company saw a net income of $1.0 million and adjusted EBITDA of $3.8 million. Cash, cash equivalents, and investments stood at $19.0 million. Innodata raised its 2024 guidance to at least 40% organic revenue growth, driven by new program expansions and customer wins in generative AI. The company maintains a strong balance sheet with plans for strategic investments to support growth.
Innodata Inc. (NASDAQ: INOD) will release its First Quarter 2024 results on May 7, 2024. The report will be accessible on the company's website. An investor conference call is scheduled for the same day at 5:00 PM Eastern time. Investors can participate via call-in numbers or access a live webcast. Replay options will be available for 30 days.
