Innodata

Innodata, Inc. is a global services and technology company, which combines human expertise with deep learning technologies to power information products and enterprise artificial intelligence and digital transformation. Its services include data acquisition, transformation, and enrichment at scale, digital operations management and analytics, and content applications. It operates through the following segments: Digital Data Solutions (DDS), Agility and Synodex. The DDS segment combines deep neural networks and human expertise in multiple domains to make unstructured information useable. It also develops digital products for business information companies and digital systems, which replace legacy systems and processes. The Agility segment provides tools and related professional services that enable public relations and communications professionals to discover influencers, amplify messages, monitor coverage, and measure the impact of campaigns. The Synodex segment enables clients in the insurance and healthcare sectors to transform medical records into useable digital data and to apply technologies to the digital data to augment decision support. The company was founded by Todd H. Solomon in 1988 and is headquartered in Ridgefield Park, NJ.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Innodata reports solid Q4 results, eyes AI integration opportunities

Innodata's Q4 performance showed revenue growth and positive adjusted EBITDA, despite challenges from a revenue decline.
The company's strengths lie in AI investment opportunities, unique market positioning, and alignment with industry trends.
While facing challenges in sales rep retention and market uncertainties, Innodata is focused on growth and execution.
Opportunities in assisting tech companies with AI integration and partnerships with major players position Innodata for future success.

Innodata reports strong Q1 revenue growth and secures major tech partnerships

Innodata's Q1 2023 performance showcased revenue growth and strategic wins in generative AI. The company faces challenges in profitability and competition but has opportunities for growth and market leadership.

Innodata secures transformative deals, eyes Wall Street coverage amid AI growth

Innodata's Q2 performance reflects steady revenue and EBITDA figures, supported by transformative pipeline deals and strategic partnerships.
The company's strengths lie in its competitive advantages in AI development, white-labeled services, and positioning in the generative AI market.
While facing challenges in forecasting and contract execution, Innodata is well-positioned to capitalize on opportunities in the growing AI services sector.

Innodata reports strong Q3 earnings, eyes significant growth opportunities

Innodata's Q3 performance reflects robust revenue growth and profitability, driven by strategic expansion in generative AI work with tech clients.
The company's strong financial position, successful deal closures, and visionary leadership underscore its potential for sustained growth and market leadership.
While facing competition and challenges in data quality and market positioning, Innodata remains focused on execution, profitability, and seizing growth opportunities.
Anticipated revenue growth in Q4 and 2024, coupled with major tech agreements, highlight promising prospects for Innodata in the generative AI market.

Innodata reports robust Q4 earnings, eyes growth in AI services

Innodata delivered strong financial performance in Q4 2023, exceeding revenue and EBITDA guidance, securing key customer deals, and showcasing profitability in its business segments.
While facing challenges in financial leadership perception and segment profitability clarity, the company's focus on talent, technology differentiation, and growth targets present opportunities for future success.
With a solid cash position, strategic customer engagements, and a commitment to innovation, Innodata is poised for continued growth and market leadership in generative AI services.

Innodata reports record revenues, poised for AI market growth

Innodata's Q1 performance reflects robust revenue growth and strategic expansion efforts.
The company's strengths lie in its innovative solutions, operational efficiency, and financial stability.
While facing challenges in investments and scaling, Innodata is well-positioned to leverage growth opportunities in the AI market.

Innodata reports stellar Q3 growth, eyes Big Tech partnerships for expansion

Innodata's Q3 2024 performance reflects exceptional growth, strong financial health, and strategic customer engagements.
While facing challenges in maintaining performance and managing growth, the company's focus on data quality and customer relationships is a key strength.
Opportunities lie in expanding client base, leveraging generative AI capabilities, and forging partnerships with Big Tech firms.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Innodata, Inc. is a data engineering company, which engages in providing artificial intelligence software platforms and management of its services. It operates through the following business segments: Digital Data Solutions (DDS), Synodex, and Agility. The DDS segment combines deep neural networks and human expertise in multiple domains to make unstructured information useable. The Synodex segment enables clients in the insurance and healthcare sectors to transform medical records into useable digital data and to apply technologies to the digital data to augment decision support. The Agility segment provides tools and related professional services that enable public relations and communications professionals to discover influencers, amplify messages, monitor coverage, and measure the impact of campaigns. The company was founded by Todd H. Solomon in 1988 and is headquartered in Ridgefield Park, NJ.

NEW YORK, NY / ACCESSWIRE / February 22, 2024 / If you suffered a loss on your Innodata Inc. (NASDAQ:INOD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/innodata-lawsuit-submission-form?prid=67819&wire=1 or contact Joseph E. Levi, Esq.

Class Action Filed Against Innodata Inc. (INOD) Seeking Recovery for Investors – Contact Levi & Korsinsky

Fourth Quarter Revenue Up 35% Year-Over-Year NEW YORK, NY / ACCESSWIRE / February 22, 2024 / INNODATA INC. (NASDAQ:INOD) today reported results for the fourth quarter and the year ended December 31, 2023.

Innodata Reports Fourth Quarter and Fiscal Year 2023 Results

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of Innodata Inc. (NASDAQ: INOD) between May 9, 2019 and February 14, 2024, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 22, 2024. SO WHAT: If you purchased Innodata securities during the Class Period.

ROSEN, A LEADING LAW FIRM, Encourages Innodata Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – INOD

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Innodata Inc. (“Innodata” or the “Company”) (NASDAQ: INOD) common stock between May 9, 2019 and February 14, 2024, inclusive (the “Class Period”). Innodata investors have until April 22, 2024 to file a lead plaintiff motion. Investors suffering losses on their Innodata investments are encouraged to contact the Law Offices of Howard G. Smith to.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Innodata Inc. (INOD) Investors

If you suffered losses exceeding $50,000 investing in Innodata stock or options between May 9, 2019 and February 14, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330  (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/INOD.

INNODATA SHAREHOLDER ACTION REMINDER: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Innodata To Contact Him Directly To Discuss Their Options

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Innodata Inc. (“Innodata” or the “Company”) (NASDAQ: INOD) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Innodata investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws,.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Innodata Inc. (INOD) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Innodata Inc. (“Innodata” or the “Company”) (NASDAQ: INOD) investors concerning the Company's possible violations of federal securities laws. On February 15, 2024, Wolfpack Research published a report alleging, among other things, that Innodata is "a deteriorating, manual data-entry business driven by offshore labor, not innovation." Wolfpack further alleged that "[s]igns that [Innodata] is no.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Innodata Inc. (INOD) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Innodata Inc. (“Innodata” or the “Company”) (NASDAQ: INOD) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On February 15, 2024, Wolfpack Research published a report alleging, among other things, that Innodata is "a deteriorating, manual data-entry business driven by offshore labor, n.

The Law Offices of Frank R. Cruz Announces Investigation of Innodata Inc. (INOD) on Behalf of Investors

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Innodata Inc. (NASDAQ: INOD) resulting from allegations that Innodata may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Innodata securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The.

INOD LOSS ALERT: ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Innodata Inc. Investors to Inquire About Securities Class Action Investigation – INOD

NEW YORK--(BUSINESS WIRE)---- $INOD #ClassActionLawsuit--The law firm of Kirby McInerney LLP is investigating potential claims against Innodata, Inc. (“Innodata” or the “Company”) (NASDAQ: INOD). The firm's ongoing investigation concerns whether Innodata and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [Click here to learn more about the investigation] On February 15, 2024, Wolfpack Research published a report alleging that Innodata misrepresented.

Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Innodata, Inc. (INOD)

NEW YORK, NY / ACCESSWIRE / February 16, 2024 / INNODATA INC. (NASDAQ:INOD) today announced that it will report Fourth Quarter and Fiscal Year 2023 results after the market closes on Thursday, February 22, 2024.

Innodata to Report Fourth Quarter and Fiscal Year 2023 Results

Palo Alto Networks

SentinelOne

In cybersecurity and tech, the emergence of AI has become a moat for companies. These titans are not merely players in the market but architects of change.

Top 3 AI Stocks Set to Change the Market Landscape

HF Foods Group Inc.

Red Violet

Microcaps outperform in the long-run but buckle up and "control for junk".

Microcaps Offer Explosive Growth Potential

NEW YORK, NY / ACCESSWIRE / February 5, 2024 / INNODATA INC. (NASDAQ:INOD) a leading data engineering company, announced that it will be participating in the Alliance Global Partners (A.G.P.

Innodata to Participate in A.G.P.'s Virtual Technology Conference

NEW YORK, NY / ACCESSWIRE / January 10, 2024 / INNODATA INC. (NASDAQ:INOD) a leading data engineering company, announced that it will be participating in Needham's 26th Annual Growth Conference on January 16, 2024.

Innodata to Participate in Needham's 26th Annual Growth Conference

Innodata is an undiscovered AI data engineering company with strong Q3 2023 results and projected revenue growth of over 50% in 2024 and 30%-plus in 2025. The company's revenue growth is re-accelerating, with Q3 2023 revenues up 20.2% YoY and expected Q4 revenues of $24.50 million or higher. Innodata has now secured major business agreements with five out of the ten largest technology companies, indicating a significant presence in the tech sector.

Innodata: Strong Guidance On New Customer Deployments, Ramp Appears Imminent

NEW YORK, NY / ACCESSWIRE / November 15, 2023 / INNODATA INC. (NASDAQ:INOD) a leading data engineering company, announced that it will be participating today at Needham's 4th Annual Virtual Tech Week.

Innodata to Participate in Needham's 4th Annual Virtual Tech Week

Innodata Inc. (NASDAQ:INOD ) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Amy Agress - Senior Vice President & General Counsel Jack Abuhoff - President & Chief Executive Officer Marissa Espineli - Interim Chief Financial Officer Conference Call Participants Brian Kinstlinger - Alliance Global Partners Tim Clarkson - Van Clemens Dana Buska - Feltl and Company Bruce Galloway - Galloway Capital Tim Madey - White Pine Capital Operator Greetings and welcome to Innodata's Third Quarter 2023 Earnings Call. [Operator Instructions] Please note, this conference is being recorded.

Innodata Inc. (INOD) Q3 2023 Earnings Call Transcript

Revenue Up 20% Year-Over-Year; Accelerating Growth in Q4 and 2024 Anticipated NEW YORK, NY / ACCESSWIRE / November 2, 2023 / INNODATA INC. (NASDAQ:INOD) today reported results for the third quarter ended September 30, 2023.

Innodata Reports Third Quarter 2023 Results and Signing New Big Tech for Generative AI Development

NEW YORK, NY / ACCESSWIRE / October 26, 2023 / INNODATA INC. (NASDAQ:INOD) today announced that it will report Third Quarter 2023 results after the market closes on Thursday, November 2, 2023.

Innodata to Report Third Quarter 2023 Results

IonQ

Invesco S&P SmallCap Information Technology ETF

Rigetti Computing

RxSight

Small-cap tech stocks have been overshadowed by mega-cap tech giants despite their potential for innovation and future growth. Smaller-cap stocks have appeal for potential acquisition by larger corporations. Three small cap tech stocks focused on AI—Applied Digital (APLD), Innodata (INOD) and Rigetti (RGTI)—are especially intriguing looking ahead into 2024.

Trading The Top-Performing AI Companies From The Small Cap Universe

NEW YORK, NY / ACCESSWIRE / October 17, 2023 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, announced that it will be participating all day today in non-deal road show meetings with prospective investors organized by Alliance Global Partners. A non-deal roadshow is an investor relations program during which management meets one-on-one with prospective institutional investors to communicate the highlights and investment propositions of the company.

Innodata Participating Today in Non-Deal Roadshow Run by Alliance Global Partners; Reiterates Guidance

Innodata is an undercovered AI data engineering company trading below valuations of comparable private AI companies like ScaleAI. The generative AI market is expected to grow from $40 billion in 2022 to over $1 trillion in 2030, with Innodata competing in the IT-focused services subset. Innodata has secured contracts with top technology companies and has the potential for significant revenue growth and earnings at scale.

Innodata: Mispriced AI Data Engineering And LLM Training Story, Primed For Growth

NEW YORK, NY / ACCESSWIRE / October 4, 2023 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, will announce today that it has recently signed three AI/LLM engagements with leading information companies. Innodata CEO Jack Abuhoff will make the announcement during his speaking engagement at the information industry's preeminent annual Outsell Signature Event taking place today at the Four Seasons Hampshire, England.

Innodata to Announce Today Three AI Large Language Model Engagements with Leading Information Companies

NEW YORK, NY / ACCESSWIRE / August 30, 2023 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, announced that it will be participating all day today in non-deal road show meetings with prospective investors organized by Craig-Hallum and has posted an investor presentation to its website. The presentation is available at innodata.com/investor-relations/.

News for Innodata Stock (INOD)