STOCK TITAN

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. (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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.27%
Tags
conferences
-
Rhea-AI Summary
INNODATA INC. (NASDAQ:INOD) to Participate in Needham's 4th Annual Virtual Tech Week, CEO to Present and Host Meetings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.49%
Tags
conferences
-
Rhea-AI Summary
Innodata Inc. reported a 20% YoY increase in revenue for Q3 2023, reaching $22.2 million. Net income for the quarter was $0.4 million, compared to a net loss of $3.3 million in the same period last year. Adjusted EBITDA was $3.2 million, showing significant growth compared to a loss of $1.2 million in Q3 2022. The company expects continued growth in Q4 and 2024 with new big tech customers and forecasts revenue of $24.5 million or more, representing 26% YoY growth. Innodata also signed a master services agreement with a large tech company, which is projected to spend several hundred million dollars on generative AI data engineering services in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.67%
Tags
Rhea-AI Summary
Innodata Inc. will report its Third Quarter 2023 results on November 2, 2023, after the market closes. The company has scheduled an investor conference call for the same day at 5:00 PM Eastern Time. Investors can access a live webcast of the conference call on the Innodata website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.81%
Tags
conferences earnings
-
Rhea-AI Summary
Innodata Inc. to participate in non-deal road show meetings with prospective investors organized by Alliance Global Partners
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.59%
Tags
none
-
Rhea-AI Summary
Innodata Inc. has signed three AI/LLM engagements with leading information companies in the legal and healthcare domains. These deals involve creating strategic roadmaps, building proofs-of-concept, fine-tuning LLMs, and creating medical golden datasets. CEO Jack Abuhoff highlighted the company's experience and position in the information industry. Innodata's CEO will be speaking at the Outsell Signature Event on the topic of AI/LLMs. The event focuses on AI and LLM technology for the information industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.53%
Tags
AI
Rhea-AI Summary
Innodata Inc. participates in non-deal road show meetings with prospective investors, highlighting its generative AI opportunity and market differentiators.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.4%
Tags
none
-
Rhea-AI Summary
Innodata Inc. raises end-of-year run rate revenue guidance to $25 million, up by $10 million. Expands large language model development program with a new customer, potentially reaching an annualized run rate of $25 million by end of 2023. CEO anticipates potential opportunities for further expansion in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.05%
Tags
none
-
Rhea-AI Summary
Innodata Inc. signs agreement with new Big Five technology customer, boosting generative AI development initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.22%
Tags
none
Rhea-AI Summary
Innodata Inc. (NASDAQ:INOD) will participate in three upcoming investor conferences: the 15th Annual BWS Financial Growth and Value Summer Investor Series on August 17, the H.C. Wainwright 25th Annual Global Investment Conference on September 11-13, and the Mizuho Software Conference: AI in Focus on September 27. CEO Jack Abuhoff will host one-on-one meetings and make a presentation at these events. Investors can request a meeting through their sales representative or contact Marcia Novero at mnovero@innodata.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.77%
Tags
conferences
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