Innodata CEO Elaborates on Growth Expectations in Interview with Tiernan Ray, Editor of The Technology Letter
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.
02/27/2024 - 12:00 AM
NEW YORK, NY / ACCESSWIRE / February 27, 2024 / INNODATA INC. (NASDAQ:INOD) today reported that its CEO, Jack Abuhoff, was interviewed by Tiernan Ray, editor of The Technology Letter on February 24.
In the interview, Abuhoff states that Innodata's internal goal is to have a $30 million quarter this year, and that while not guaranteed, it is absolutely within the range of possibility.
About The Technology Letter and Tiernan Ray
The Technology Letter provides daily news in the world of tech companies and stocks, lengthy interviews with tech CEOs and CFOs, podcasts, and updates to The Technology Letter 20 group of stocks to consider - and future great features. Editor Tiernan Ray has covered technology and business since 1994, the year Amazon got started. He was the resident technology blogger and columnist at Barrons dot com and Barron's magazine for over a decade. He has been a reporter for SmartMoney and Bloomberg, and his work has been featured in Fortune, Forbes, ZDNet, Capital Market Labs, and The New York Times. His writing on artificial intelligence can be seen weekly at ZDNet . A selection of recent CEO and CFO interviews with the best tech companies can be seen at Capital Market Labs . Mr. Ray does not take positions in or receive compensation from the companies he covers.
About Innodata
Innodata (NASDAQ:INOD) is a global data engineering company delivering the promise of AI to many of the world's most prestigious companies. We provide AI-enabled software platforms and managed services for AI data collection/annotation, AI digital transformation, and industry-specific business processes. Our low-code Innodata AI technology platform is at the core of our offerings. In every relationship, we honor our 30+ year legacy delivering the highest quality data and outstanding service to our customers. Visit www.innodata.com to learn more.
Forward Looking Statements
This press release may contain certain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. These forward-looking statements include, without limitation, statements concerning our operations, economic performance, and financial condition. Words such as "project," "believe," "expect," "can," "continue," "could," "intend," "may," "should," "will," "anticipate," "indicate," "predict," "likely," "estimate," "plan," "potential," "possible," "promises," or the negatives thereof, and other similar expressions generally identify forward-looking statements.
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Our actual results could differ materially from the results referred to in forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the risks discussed in Part I, Item 1A. "Risk Factors," Part II, Item 7. "Management's Discussion and Analysis of Financial Condition and Results of Operations," and other parts of our Annual Report on Form 10-K, filed with the Securities and Exchange Commission on February 24, 2023, as updated or amended by our other filings that we may make with the Securities and Exchange Commission. In light of these risks and uncertainties, there can be no assurance that the results referred to in the forward-looking statements will occur, and you should not place undue reliance on these forward-looking statements. These forward-looking statements speak only as of the date hereof.
We undertake no obligation to update or review any guidance or other forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by the Federal securities laws.
Company Contact
Marcia NoveroMnovero@innodata.com
SOURCE: Innodata Inc.
press release on accesswire.com
To have a $30 million quarter this year
While not guaranteed, it is absolutely within the range of possibility
