Innodata Q3: Performance Depends On Big Tech's Thirst For AI Advancements
Innodata reported exceptional Q3 results, with 136% y/y revenue growth and a significant raise in FY24 guidance, but the recent share price surge warrants a hold rating. The company's financial health is strong, with $26.3m in cash and no debt, but concentration risk with major tech clients is a concern. Big Tech's continued investment in AI bodes well for Innodata, but the recent 465% YTD price increase of INOD stock may already reflect this growth.
Innodata Inc. (INOD) Q3 2024 Earnings Call Transcript
Innodata Inc. (NASDAQ:INOD ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Amy Agress - SVP and General Counsel Jack Abuhoff - CEO and President Marissa Espineli - Interim Chief Financial Officer Conference Call Participants George Sutton - Craig-Hallum Allen Klee - Maxim Group John Katsingris - Wedbush Securities Hamed Khorsand - BWS Financial Operator Good day, everyone, and welcome to the Innodata Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
3 Artificial Intelligence (AI) Stocks That Could Go Parabolic
Innodata, MicroStrategy, and Lumen could skyrocket in the near future.
Innodata Reports Third Quarter 2024 Results; Record 136% Revenue Growth Year-Over-Year
NEW YORK, NY / ACCESSWIRE / November 7, 2024 / INNODATA INC. (Nasdaq:INOD) today reported results for the third quarter ended September 30, 2024.
Innodata Shares Rise 131% YTD: How Should You Play the Stock?
INOD's expanding clientele and product offering bodes well for investors. However, high expenses and stretched valuation are concerns.
Innodata to Report Third Quarter 2024 Results
NEW YORK, NY / ACCESSWIRE / September 26, 2024 / INNODATA INC. (Nasdaq:INOD) today announced that it will report Third Quarter 2024 results after the market closes on Thursday, November 7, 2024.
Here are 2 of the worst-timed congressional stock trades ever
Although U.S. Congress and Senate members are known for their well-timed and mostly profitable stock trades, some exceptions prove the rule, as with Senator Thomas Carper's trade on August 29, 2023.
3 Stocks to Buy From the Prospering Computer-Services Industry
The Zacks Computer - Services industry players like CSG Systems International (CSGS), PDF Solutions (PDFS) and Innodata (INOD) are poised to benefit from digital transformation despite macroeconomic headwinds.
Innodata Inc. (INOD) Q2 2024 Earnings Call Transcript
Innodata Inc. (NASDAQ:INOD ) Q2 2024 Earnings Call August 8, 2024 5:00 PM ET Company Participants Amy Agress - Investor Relations Jack Abuhoff - Chief Executive Officer Marissa Espineli - Interim Chief Financial Officer Aneesh Pendharkar - Senior Vice President, Finance and Corporate Development Conference Call Participants Allen Klee - Maxim Group Tim Clarkson - Van Clemens Operator Greetings. Welcome to Innodata to report Second Quarter 2024 Results Conference Call.
Innodata Reports Second Quarter 2024 Results; Record 66% Revenue Growth Year-Over-Year
NEW YORK, NY / ACCESSWIRE / August 8, 2024 / INNODATA INC. (Nasdaq:INOD) today reported results for the second quarter ended June 30, 2024.
Innodata to Report Second Quarter 2024 Results
NEW YORK, NY / ACCESSWIRE / August 1, 2024 / INNODATA INC. (Nasdaq:INOD) today announced that it will report Second Quarter 2024 results after the market closes on Thursday, August 8, 2024.
Could Innodata Become the Next Palantir?
Innodata was once considered a dusty old IT services company. But it's locking in some big tech companies with its new generative AI services.
