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. (NASDAQ: INOD) is a global leader in AI-enabled data engineering solutions, empowering enterprises through digital transformation services. This news hub provides investors and industry professionals with comprehensive access to official announcements and strategic updates.
Track critical developments across Innodata's core operations including AI data annotation platforms, enterprise digital transformation initiatives, and partnerships advancing generative AI technologies. Our curated collection features earnings reports, product launches, and operational milestones.
Discover updates on Synodex data management solutions, Agility PR technology innovations, and DDS platform enhancements. Stay informed about the company's progress in sectors ranging from financial services to government digital infrastructure.
Bookmark this page for direct access to verified Innodata communications. Check regularly for insights into how the company maintains its position at the forefront of AI-driven data solutions through technological innovation and strategic client partnerships.
Innodata Inc (NASDAQ: INOD) has announced it will release its First Quarter 2025 financial results after market close on Thursday, May 8, 2025. The company will host an investor conference call at 5:00 PM Eastern time on the same day.
Investors can access the conference call through domestic (+1 800 549 8228) or international (+1 289 819 1520) numbers using participant access code 75884. 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 post-conference, while the webcast replay will remain available for 30 days on Innodata's investor relations website.
Innodata Inc (NASDAQ: INOD) has scheduled its 2025 annual shareholder meeting for Thursday, June 5, 2025, at 5:00 PM ET. The meeting will be conducted in a virtual format. Shareholders who own stock as of the record date, April 9, 2025, will be eligible to participate and vote at the annual meeting.
Innodata Inc (NASDAQ: INOD) has announced the beta launch of its Generative AI Test & Evaluation Platform, powered by NVIDIA technology. The platform, set for full release in Q2 2025, focuses on enhancing enterprise AI model safety, reliability, and performance through automated adversarial testing and vulnerability detection.
The solution integrates NVIDIA NIM™ microservices with Innodata's expertise in LLM red-teaming and risk mitigation. MasterClass has joined as an early adopter charter customer, planning to utilize the platform for ensuring reliable AI-driven customer experiences.
Key features include:
- Adversarial Testing for vulnerability identification
- Model Benchmarking with domain-specific prompt libraries
- Advanced Reporting & Metrics dashboard for tracking model performance
The platform will be showcased at NVIDIA GTC 2025 in San Jose, California (March 17-21) at booth #3248 in the Generative AI Pavilion.
Innodata (NASDAQ:INOD) reported strong Q4 and full-year 2024 results, with Q4 revenue reaching $59.2 million, up 127% year-over-year, and full-year revenue of $170.5 million, a 96% increase from 2023. Q4 net income was $10.3 million ($0.34 per basic share), while full-year net income reached $28.7 million ($0.98 per basic share).
The company secured additional programs with its largest customer, valued at approximately $24 million in annualized run rate revenue, bringing total annualized revenue with this customer to about $135 million. Revenue from seven other Big Tech customers grew 159% in Q4 over Q3 2024. Cash position strengthened to $46.9 million by year-end 2024.
Looking ahead, Innodata forecasts 40% or more revenue growth in 2025, based primarily on won deals and near-term business prospects. The company plans to reinvest a portion of operating cash flow while still targeting Adjusted EBITDA growth in 2025.
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.
