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. 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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