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.
Innodata Inc. reports developments around its global data engineering business and its services for artificial intelligence builders and adopters. The company provides data, evaluation frameworks, human expertise, annotation, multimodal data engineering, training-data preparation and generative-AI workflow support for customers deploying AI systems.
Recurring updates include quarterly financial results, revenue-growth guidance, margin commentary, customer and platform work, and contract awards tied to AI, data engineering and federal programs. Company announcements also cover its move to single operating-segment reporting, annual shareholder meeting matters and other public-company governance updates.
Innodata (NASDAQ: INOD) has announced it will release its Fourth Quarter and Fiscal Year 2024 financial results after market close on Thursday, February 20, 2025. The company will host an investor conference call at 5:00 PM Eastern time on the same day.
Investors can join the conference call using the domestic number 1-800-549-8228 or international number +1 289-819-1520 with participant access code 83378. A live webcast will be available in listen-only mode through the Investor Relations section of Innodata's website. The call-in replay will be accessible for seven days, while the webcast replay will remain available for 30 days following the conference call.
Innodata (INOD) reported exceptional Q3 2024 results with record revenue of $52.2 million, representing 136% year-over-year growth. Net income reached $17.4 million ($0.60 per basic share), including a $5.6 million tax benefit. Adjusted EBITDA grew 337% to $13.9 million. Cash position strengthened to $26.4 million. The company raised its full-year 2024 guidance to 88-92% revenue growth. Innodata expanded its Big Tech customer base to include five Magnificent Seven companies and secured new wins, including a prominent social media company and a second federal government agency.
Innodata Inc. (Nasdaq: INOD) has announced that it will release its Third Quarter 2024 results after market close on Thursday, November 7, 2024. The company will host an investor conference call at 5:00 PM Eastern time on the same day to discuss the results. CEO Jack Abuhoff expressed anticipation for the announcement and call.
Investors can access the conference call via phone using the following numbers:
- Domestic: 1-800-343-4136
- International: +1 203-518-9848
- Participant Access Code: INNODATA
Innodata Inc. (NASDAQ: INOD) reported impressive Q2 2024 results, with revenue reaching $32.6 million, a 66% year-over-year increase. The company achieved break-even earnings per share, despite $3.6 million in recruitment costs. Adjusted EBITDA grew 76% to $2.8 million. Innodata secured significant Large Language Model (LLM) development programs with a Big Tech customer, valued at approximately $87.5 million in annualized run rate revenue. The company raised its 2024 revenue growth guidance to 60% or more. Innodata expanded its credit facility to $30 million and filed for a $50 million universal shelf registration, positioning itself for continued growth in the generative AI market.
Innodata Inc. (Nasdaq: INOD) has announced it will report its Second Quarter 2024 results after market close on Thursday, August 8, 2024. The company has scheduled an investor conference call at 5:00 PM Eastern time on the same day. Investors can access the call using the provided domestic and international call-in numbers, or listen to a live webcast through Innodata's Investor Relations website. A replay of the call will be available for 30 days following the conference call.
Innodata, a leading data engineering firm, announced new large language model (LLM) development programs awarded by a 'Magnificent Seven' Big Tech customer. These programs are expected to generate approximately $44 million in additional annual run rate revenue. This follows previous program expansions announced in April and May 2024. Despite an early-termination clause in the agreement, Innodata believes the customer is committed to a substantial, multi-year LLM strategy. The CEO, Jack Abuhoff, highlighted the value of Innodata's high-quality data for LLM instruction-tuning. The company sees significant growth opportunities in the LLM and generative AI sectors.
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.
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