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Stock impact report

Innodata Inc (INOD) Q3 2024 Earnings Call Highlights: Record Revenue Surge and Strategic ... [Yahoo! Finance]

Innodata Inc. (INOD) 
US:NASDAQ Investor Relations: innodata.com/investors
Company Research Source: Yahoo! Finance
Cash Reserves: Increased to $26.4 million, up by $10 million from last quarter. Adjusted Gross Margin: 44% in Q3 2024, up from 33% in Q2 2024. Net Income: $17.4 million in Q3 2024, up from $371,000 in the same period last year. Revenue from Major Customer: $30.6 million from one big tech customer in Q3. Revenue Guidance: Anticipated Q4 2024 revenue between $52 million and $55 million, translating to 88%-92% year-over-year growth for full year 2024. Warning! GuruFocus has detected 3 Warning Sign with HCI. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Innodata Inc ( NASDAQ:INOD ) reported record revenue of $52 million for Q3 2024, marking a 136% year-over-year increase in organic growth. Adjusted EBITDA for the quarter was $13.9 million, representing 27% of revenue and a fivefold increase from Q2. The company raised its 2024 full-year revenue guidance, anticipating between $52 mill Show less Read more
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