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Innodata - INOD STOCK NEWS

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.

Rhea-AI Summary
Innodata Inc. (NASDAQ: INOD) will release its Fourth Quarter and Fiscal Year 2023 results on February 22, 2024. An investor conference call is scheduled for 5:00 PM Eastern time on the same day. Investors can access the call via phone or webcast, with replays available for 30 days. Details for accessing the call are provided in the press release.
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Innodata Inc. (INOD) will be participating in the Alliance Global Partners Virtual Technology Conference on February 7, 2024. CEO Jack Abuhoff will be hosting one-on-one meetings, and the investor presentation is available at innodata.com/investor-relations. Investors can request a meeting with Innodata through their A.G.P. representative or contact Marcia Novero at mnovero@innodata.com.
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Innodata Inc. (INOD) to participate in Needham's 26th Annual Growth Conference on January 16, 2024. CEO Jack Abuhoff to present and host one-on-one meetings. Investors can request a meeting with Innodata through Needham representative or company contact Marcia Novero.
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INNODATA INC. (NASDAQ:INOD) to Participate in Needham's 4th Annual Virtual Tech Week, CEO to Present and Host Meetings
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Innodata Inc. reported a 20% YoY increase in revenue for Q3 2023, reaching $22.2 million. Net income for the quarter was $0.4 million, compared to a net loss of $3.3 million in the same period last year. Adjusted EBITDA was $3.2 million, showing significant growth compared to a loss of $1.2 million in Q3 2022. The company expects continued growth in Q4 and 2024 with new big tech customers and forecasts revenue of $24.5 million or more, representing 26% YoY growth. Innodata also signed a master services agreement with a large tech company, which is projected to spend several hundred million dollars on generative AI data engineering services in 2024.
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Innodata Inc. will report its Third Quarter 2023 results on November 2, 2023, after the market closes. The company has scheduled an investor conference call for the same day at 5:00 PM Eastern Time. Investors can access a live webcast of the conference call on the Innodata website.
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Innodata Inc. to participate in non-deal road show meetings with prospective investors organized by Alliance Global Partners
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Innodata Inc. has signed three AI/LLM engagements with leading information companies in the legal and healthcare domains. These deals involve creating strategic roadmaps, building proofs-of-concept, fine-tuning LLMs, and creating medical golden datasets. CEO Jack Abuhoff highlighted the company's experience and position in the information industry. Innodata's CEO will be speaking at the Outsell Signature Event on the topic of AI/LLMs. The event focuses on AI and LLM technology for the information industry.
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Innodata Inc. participates in non-deal road show meetings with prospective investors, highlighting its generative AI opportunity and market differentiators.
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Innodata Inc. raises end-of-year run rate revenue guidance to $25 million, up by $10 million. Expands large language model development program with a new customer, potentially reaching an annualized run rate of $25 million by end of 2023. CEO anticipates potential opportunities for further expansion in 2024.
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Innodata

Nasdaq:INOD

INOD Rankings

INOD Stock Data

928.98M
29.91M
4.4%
49.75%
12.37%
Information Technology Services
Services-computer Processing & Data Preparation
Link
United States
RIDGEFIELD PARK