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Innodata Inc - INOD STOCK NEWS

Welcome to our dedicated news page for Innodata (Ticker: INOD), a resource for investors and traders seeking the latest updates and insights on Innodata.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Innodata's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Innodata's position in the market.

Rhea-AI Summary
Innodata Inc. has been awarded three new large language model (LLM) development programs by one of its existing 'Magnificent Seven' Big Tech customers, leading to approximately $20 million in annualized run rate revenue. The company expects further expansion opportunities in 2024, with positive feedback from the customer on the quality of services provided. This news reflects a strong growth trajectory for Innodata in the data engineering sector.
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Innodata Inc. (NASDAQ:INOD) will host a webinar on safeguarding LLM deployment featuring industry experts. The webinar will discuss evaluating Large Language Models, red teaming techniques, responsible development and deployment practices, and insights on the future of LLMs.
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7.83%
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Rhea-AI Summary
Innodata Inc. (INOD) introduces Intelligent Insights, a generative AI-powered media intelligence feature within its Agility PR Solutions platform. The technology aims to enhance media monitoring capabilities by providing real-time insights from various media platforms, contextual analysis of brand mentions, and language translations. This innovation is set to revolutionize how organizations analyze media for PR and industry intelligence, enabling informed decision-making and customized news briefs.
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-0.66%
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Innodata Inc. (NASDAQ: INOD) has set its 2024 annual meeting for June 5, 2024, to be held virtually. Shareholders as of April 9, 2024, can vote at the meeting.
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Innodata Inc. withdraws a proposal to acquire Appen Limited, confirming its commitment to outperform a 20% revenue growth target for 2024.
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8.27%
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Innodata Inc. CEO Jack Abuhoff aims for a $30 million quarter in 2024, as stated in an interview with The Technology Letter editor Tiernan Ray. The goal is ambitious but achievable, providing a positive outlook for the company's financial performance.
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6.64%
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INNODATA INC. (NASDAQ:INOD) reported a 35% increase in fourth-quarter revenue year-over-year, reaching $26.1 million, with a net income of $1.7 million. The total revenue for 2023 was $86.8 million, showing a 10% growth. Adjusted EBITDA for Q4 2023 was $4.3 million, and for the year, it was $9.9 million. The CEO highlighted strong customer demand for generative AI services, leading to revenue growth and exceeding guidance.
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Innodata Inc. (NASDAQ: INOD) will release its Fourth Quarter and Fiscal Year 2023 results on February 22, 2024. An investor conference call is scheduled for 5:00 PM Eastern time on the same day. Investors can access the call via phone or webcast, with replays available for 30 days. Details for accessing the call are provided in the press release.
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-3.87%
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Innodata Inc. (INOD) will be participating in the Alliance Global Partners Virtual Technology Conference on February 7, 2024. CEO Jack Abuhoff will be hosting one-on-one meetings, and the investor presentation is available at innodata.com/investor-relations. Investors can request a meeting with Innodata through their A.G.P. representative or contact Marcia Novero at mnovero@innodata.com.
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-4.66%
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Innodata Inc. (INOD) to participate in Needham's 26th Annual Growth Conference on January 16, 2024. CEO Jack Abuhoff to present and host one-on-one meetings. Investors can request a meeting with Innodata through Needham representative or company contact Marcia Novero.
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0.27%
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Innodata Inc

Nasdaq:INOD

INOD Rankings

INOD Stock Data

182.01M
26.78M
6.98%
36.4%
10.55%
Data Processing, Hosting, and Related Services
Information
Link
US
Ridgefield Park

About INOD

innodata (nasdaq: inod) is a global digital services and solutions company. our technology and services power leading information products and online retail destinations around the world. our solutions help prestigious enterprises harness the power of digital data to re-imagine how they operate and drive performance. we serve publishers, media & information companies, digital retailers, banks, insurance companies, government agencies and many other industries. we take a technology-first approach, applying the most advanced technologies in innovative ways. founded in 1988, we comprise a team of 5,000 diverse people in 8 countries who are fiercely dedicated to delivering services and solutions that help the world make better decisions. recognized as industry leader innodata continues to gain recognition year after year as the leader in knowledge process outsourcing and publishing services. we were named to the global outsourcing 100 and several top ten categories by the internation