Innodata to Report Fourth Quarter and Fiscal Year 2020 Results
Innodata Inc. (NASDAQ:INOD) announced it will report its Fourth Quarter and Fiscal Year 2020 results on March 11, 2021, before the market opens. A press release will be accessible on its website, and an investor conference call is set for 11:00 AM ET on the same day, with call-in numbers provided. The company is recognized for its leadership in data engineering, combining machine learning with a global expert workforce. It underscored potential risks including reliance on project-based work and client concentration that may affect future performance.
- Innodata is recognized as a leader in data engineering, leveraging ML and AI technologies.
- The global workforce consists of over 3,000 subject matter experts, enhancing service delivery.
- Continued reliance on project-based work may pose risks to revenue stability.
- The company's revenue is concentrated among a limited number of clients, increasing vulnerability.
NEW YORK, NY / ACCESSWIRE / March 4, 2021 / INNODATA INC. (NASDAQ:INOD) today announced that it will report Fourth Quarter and Fiscal Year 2020 results before the market opens on Thursday, March 11, 2021. A news release will be available in both the News and Investor Relations sections of the Innodata website, www.innodata.com.
Innodata has scheduled an investor conference call for 11:00 AM eastern time on that same day.
The call-in numbers for the conference call are:
1-800-289-0438 (Domestic)
1-323-794-2423 (International)
1-888-203-1112 (Domestic Replay)
1-719-457-0820 (International Replay)
Pass code on both: 8696893
Investors are also invited to access a live Webcast of the conference call at the Investor Relations section of www.innodata.com. Please note that the Webcast feature will be in listen-only mode.
Call-in or Webcast replay will be available for 30 days following the conference call.
About Innodata
Innodata (NASDAQ:INOD) is a leading data engineering company. Prestigious companies across the globe turn to Innodata for help with their biggest data challenges. By combining advanced machine learning and artificial intelligence (ML/AI) technologies, a global workforce of over 3,000 subject matter experts, and a high-security infrastructure, we're helping usher in the promise of digital data and ubiquitous AI.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Words such as "project," "believe," "expect," "can," "continue," "could," "intend," "may," "should," "will," "anticipate," "indicate," "forecast," "predict," "likely," "goals," "estimate," "plan," "potential," or the negatives thereof and other similar expressions generally identify forward-looking statements, which speak only as of the date hereof.
These forward-looking statements are based on management's current expectations, assumptions and estimates and are subject to a number of risks and uncertainties, including without limitation, the expected or potential effects of the novel coronavirus (COVID-19) pandemic and the responses of governments, the general global population, our customers, and the Company thereto; that contracts may be terminated by clients; projected or committed volumes of work may not materialize; continuing Digital Data Solutions segment reliance on project-based work and the primarily at-will nature of such contracts and the ability of these clients to reduce, delay or cancel projects; the likelihood of continued development of the markets, particularly new and emerging markets, that our services support; continuing Digital Data Solutions segment revenue concentration in a limited number of clients; potential inability to replace projects that are completed, canceled or reduced; our dependency on content providers in our Agility segment; difficulty in integrating and deriving synergies from acquisitions, joint venture and strategic investments; potential undiscovered liabilities of companies and businesses that we may acquire; potential impairment of the carrying value of goodwill and other acquired intangible assets of companies and businesses that we acquire; changes in our business or growth strategy; a continued downturn in or depressed market conditions, whether as a result of the COVID-19 pandemic or otherwise; changes in external market factors; the ability and willingness of our clients and prospective clients to execute business plans that give rise to requirements for our services; changes in our business or growth strategy; the emergence of new or growth in existing competitors; various other competitive and technological factors; our use of and reliance on information technology systems, including potential security breaches, cyber-attacks, privacy breaches or data breaches that result in the unauthorized disclosure of consumer, client, employee or Company information, or service interruptions; and other risks and uncertainties indicated from time to time in our filings with the Securities and Exchange Commission.
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, uncertainty around the COVID-19 pandemic and the effects of the global response thereto and 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 March 16, 2020, as updated or amended by our other filings 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. 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
Suzanne Srsich
Innodata Inc.
ssrsich@innodata.com
(201) 371-8033
SOURCE: Innodata Inc.
View source version on accesswire.com:
https://www.accesswire.com/633381/Innodata-to-Report-Fourth-Quarter-and-Fiscal-Year-2020-Results
FAQ
When will Innodata report its Fourth Quarter and Fiscal Year 2020 results?
What time is the Innodata investor conference call scheduled?
How can I access the Innodata conference call?
What are some risks mentioned by Innodata in their press release?
What is Innodata's focus in the market?
