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Stock impact report

Innodata Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]

Innodata Inc. (INOD) 
US:NASDAQ Investor Relations: innodata.com/investors
Company Research Source: Yahoo! Finance
Profit margin: 33% (up from 1.7% in 3Q 2023). The increase in margin was driven by higher revenue. EPS: US$0.60 (up from US$0.013 in 3Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 45%. Earnings per share (EPS) also surpassed analyst estimates significantly. Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in the US. Performance of the American Professional Services industry. The company's shares are up 102% from a week ago. You still need to take note of risks, for example - Innodata has 3 warning signs we think you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical Show less Read more
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