Innodata

Innodata, Inc. is a global services and technology company, which combines human expertise with deep learning technologies to power information products and enterprise artificial intelligence and digital transformation. Its services include data acquisition, transformation, and enrichment at scale, digital operations management and analytics, and content applications. It operates through the following segments: Digital Data Solutions (DDS), Agility and Synodex. The DDS segment combines deep neural networks and human expertise in multiple domains to make unstructured information useable. It also develops digital products for business information companies and digital systems, which replace legacy systems and processes. The Agility segment provides tools and related professional services that enable public relations and communications professionals to discover influencers, amplify messages, monitor coverage, and measure the impact of campaigns. The Synodex segment enables clients in the insurance and healthcare sectors to transform medical records into useable digital data and to apply technologies to the digital data to augment decision support. The company was founded by Todd H. Solomon in 1988 and is headquartered in Ridgefield Park, NJ.

Earnings data Q1 2021

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Earnings data Q4 2024

Innodata reports solid Q4 results, eyes AI integration opportunities

Innodata's Q4 performance showed revenue growth and positive adjusted EBITDA, despite challenges from a revenue decline.
The company's strengths lie in AI investment opportunities, unique market positioning, and alignment with industry trends.
While facing challenges in sales rep retention and market uncertainties, Innodata is focused on growth and execution.
Opportunities in assisting tech companies with AI integration and partnerships with major players position Innodata for future success.

Innodata reports strong Q1 revenue growth and secures major tech partnerships

Innodata's Q1 2023 performance showcased revenue growth and strategic wins in generative AI. The company faces challenges in profitability and competition but has opportunities for growth and market leadership.

Innodata secures transformative deals, eyes Wall Street coverage amid AI growth

Innodata's Q2 performance reflects steady revenue and EBITDA figures, supported by transformative pipeline deals and strategic partnerships.
The company's strengths lie in its competitive advantages in AI development, white-labeled services, and positioning in the generative AI market.
While facing challenges in forecasting and contract execution, Innodata is well-positioned to capitalize on opportunities in the growing AI services sector.

Innodata reports strong Q3 earnings, eyes significant growth opportunities

Innodata's Q3 performance reflects robust revenue growth and profitability, driven by strategic expansion in generative AI work with tech clients.
The company's strong financial position, successful deal closures, and visionary leadership underscore its potential for sustained growth and market leadership.
While facing competition and challenges in data quality and market positioning, Innodata remains focused on execution, profitability, and seizing growth opportunities.
Anticipated revenue growth in Q4 and 2024, coupled with major tech agreements, highlight promising prospects for Innodata in the generative AI market.

Innodata reports robust Q4 earnings, eyes growth in AI services

Innodata delivered strong financial performance in Q4 2023, exceeding revenue and EBITDA guidance, securing key customer deals, and showcasing profitability in its business segments.
While facing challenges in financial leadership perception and segment profitability clarity, the company's focus on talent, technology differentiation, and growth targets present opportunities for future success.
With a solid cash position, strategic customer engagements, and a commitment to innovation, Innodata is poised for continued growth and market leadership in generative AI services.

Innodata reports record revenues, poised for AI market growth

Innodata's Q1 performance reflects robust revenue growth and strategic expansion efforts.
The company's strengths lie in its innovative solutions, operational efficiency, and financial stability.
While facing challenges in investments and scaling, Innodata is well-positioned to leverage growth opportunities in the AI market.

Innodata reports stellar Q3 growth, eyes Big Tech partnerships for expansion

Innodata's Q3 2024 performance reflects exceptional growth, strong financial health, and strategic customer engagements.
While facing challenges in maintaining performance and managing growth, the company's focus on data quality and customer relationships is a key strength.
Opportunities lie in expanding client base, leveraging generative AI capabilities, and forging partnerships with Big Tech firms.

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Innodata, Inc. is a data engineering company, which engages in providing artificial intelligence software platforms and management of its services. It operates through the following business segments: Digital Data Solutions (DDS), Synodex, and Agility. The DDS segment combines deep neural networks and human expertise in multiple domains to make unstructured information useable. The Synodex segment enables clients in the insurance and healthcare sectors to transform medical records into useable digital data and to apply technologies to the digital data to augment decision support. The Agility segment provides tools and related professional services that enable public relations and communications professionals to discover influencers, amplify messages, monitor coverage, and measure the impact of campaigns. The company was founded by Todd H. Solomon in 1988 and is headquartered in Ridgefield Park, NJ.

NEW YORK, NY / ACCESSWIRE / August 4, 2022 / INNODATA INC. (NASDAQ:INOD) today announced that it will report Second Quarter 2022 results after the market closes on Thursday, August 11, 2022.

Innodata to Report Second Quarter 2022 Results

NEW YORK, NY / ACCESSWIRE / July 28, 2022 / Innodata Inc (NASDAQ:INOD), a leading technology company, today announced that Business Insider has recognized Innodata's Agility platform for public relations as "fierce competition" for the industry heavyweights.1 The market for public relations platforms is estimated to have grown 15% in 2021 to $5.5 billion.2 The latest recognition follows Agility having been named "Momentum Leader" for the fifth consecutive quarter by software review site G2 in its Summer 2022 Public Relations Software report. "We think we have the best product out there in terms of ease-of-use, quality of data, AI integration, and value for money," commented Martin Lyster, CEO of Agility.

Business Insider Names Agility Fierce Competitor in $5.5 Billion PR Tech Industry

Forbes Technology Council Is an Invitation-Only Community for World-Class CIOs, CTOs, and Technology Executives. NEW YORK, NY / ACCESSWIRE / July 14, 2022 / Innodata Inc. (NASDAQ:INOD), a leading technology company, today announced that Innodata Chief Product Officer Rahul Singhal has been accepted into the Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs, and technology executives.

Innodata's Rahul Singhal Accepted into Forbes Technology Council

Appoints Microsoft Exec as Inaugural Member NEW YORK, NY / ACCESSWIRE / June 30, 2022 / Innodata Inc. (NASDAQ:INOD), a leading technology company, today announced the formation of its new Advisory Board dedicated to helping drive the company's growth and innovation initiatives. Innodata has appointed Eduardo Kassner, Chief Data Officer for Microsoft US West region, as the board's inaugural member.

Innodata Announces New Advisory Board to Drive Growth

NEW YORK, NY / ACCESSWIRE / June 28, 2022 / Innodata Inc. (NASDAQ:INOD) today announced that Agility PR Solutions, its AI-enabled platform for public relations, has been recognized for the fifth consecutive quarter as a "Momentum Leader" for media and influencer targeting by software review site G2 in its Summer 2022 Public Relations Software report. G2's quarterly reports rank the world's best software companies based on their abilities to innovate, grow, and retain the most satisfied customers on the market.

Innodata's Agility Platform Named Momentum Leader for Fifth Consecutive Time

Innodata Inc. (NASDAQ:INOD ) Q1 2022 Results Conference Call May 12, 2022 5:00 PM ET Company Participants Amy Agress - Vice Presidnt and General Counsel Jack Abuhoff - President and Chief Executive Officer Marissa Espineli - Interim Chief Financial Officer Conference Call Participants Tim Clarkson - Van Clemens & Co Dana Buska - Feltl Operator Good day, ladies and gentlemen and thank you all for joining us for this Innodata First Quarter 2022 Earnings Conference Call. As a reminder, all phone participants are in a listen-only mode.

Innodata Inc. (INOD) CEO Jack Abuhoff on Q1 2022 Results - Earnings Call Transcript

First Quarter Revenue Up by 33% Year-Over-Year AI-Based Solutions and Industry Platforms Driving Growth NEW YORK, NY / ACCESSWIRE / May 12, 2022 / INNODATA INC. (NASDAQ:INOD) today reported results for the first quarter ended March 31, 2022.

Innodata Reports First Quarter 2022 Results

NEW YORK , May 5, 2022 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Innodata Inc. (NASDAQ: INOD). If you are a shareholder of Innodata Inc. and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at: http://pjlfirm.com/innodata-inc/ You may also contact Robert H.

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Innodata Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

NEW YORK, NY / ACCESSWIRE / May 5, 2022 / INNODATA INC. (NASDAQ:INOD) today announced that it will report First Quarter 2022 results after the market closes on Thursday, May 12, 2022.

Innodata to Report First Quarter 2022 Results

Innodata, Inc. (INOD) CEO Jack Abuhoff on Q4 2021 Results - Earnings Call Transcript

Innodata Inc (NASDAQ: INOD) shares are trading higher Thursday after the company reported financial results showing improving revenue numbers year-over-year. Innodata said fourth-quarter revenue increased 26% year-over-year to $19.29 million.

Why Innodata Shares Are Surging Today

Revenue Up by 26% Year-Over-Year AI-Based Solutions and Industry Platforms Driving Growth NEW YORK, NY / ACCESSWIRE / March 17, 2022 / INNODATA INC. (NASDAQ:INOD) today reported results for the fourth quarter and the year ended December 31, 2021.

Innodata Reports Fourth Quarter and Fiscal Year 2021 Results

NEW YORK, NY / ACCESSWIRE / March 3, 2022 / INNODATA INC. (NASDAQ:INOD) today announced that it will report Fourth Quarter and Fiscal Year 2021 results before the market opens on Thursday, March 17, 2022.

Innodata to Report Fourth Quarter and Fiscal Year 2021 Results

NEW YORK, NY / ACCESSWIRE / February 1, 2022 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, is pleased to announce that Agility PR Solutions, its AI-enabled industry platform for public relations, is officially opening nominations for the annual Bulldog PR Awards today, Tuesday, February 1, 2022. Tier 1 submissions will run through March 1, 2022, while the awards will officially close on April 29, 2022.

Nominations Open Today for the 2022 Bulldog PR Awards

NEW YORK, NY / ACCESSWIRE / January 18, 2022 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, today announced that it has launched an Applied AI practice, led by Ed Funaro, who joined Innodata last month as a Vice President. Funaro has 35 years' experience leading technology practices at several of the world's leading consulting companies and was Chief Revenue Officer at Cloud Sherpas, a cloud technology company, that he helped grow from a start-up to $175 million in revenue in eight years before it was sold to Accenture in late 2015.

Innodata Appoints Digital Transformation Veteran Ed Funaro to Lead New Applied AI Practice

NEW YORK, NY / ACCESSWIRE / January 10, 2022 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, will be reiterating its growth outlook at the Annual Needham Growth Conference later today. The Company expects year-over-year revenue growth to accelerate in the fourth quarter of 2021 and in 2022, as previously stated in its third-quarter 2021 earnings call.

Innodata to Reiterate Growth Outlook at 24th Annual Needham Growth Conference Today

NEW YORK, NY / ACCESSWIRE / January 6, 2022 / Innodata Inc. (NASDAQ:INOD) today announced that Agility, its AI-enabled platform for public relations, has been recognized for the third consecutive time as "momentum leader" for media and influencer targeting by software review site G2 in its Winter 2022 Public Relations Software report. G2 named Agility momentum leader in its Fall 2021 and Summer 2021 reports as well.

G2 Names Agility - Innodata's AI-Enabled PR Platform - Industry Momentum Leader for Third Consecutive Time

NEW YORK, NY / ACCESSWIRE / January 4, 2022 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, is pleased to announce its participation in the Needham Growth Conference, taking place virtually from January 10-14, 2022. Jack Abuhoff, Chief Executive Officer, is scheduled to present on Monday, January 10 at 4:15 p.m.

Innodata to Participate at 24th Annual Needham Growth Conference

Innodata, Inc. (INOD) CEO Jack Abuhoff on Q3 2021 Results - Earnings Call Transcript

Revenue Up 20% Year-Over-Year AI-Based Solutions and Industry Platforms Driving Growth NEW YORK, NY / ACCESSWIRE / November 4, 2021 / INNODATA INC. (NASDAQ:INOD) today reported results for the third quarter ended September 30, 2021.

Innodata Reports Third Quarter 2021 Results

NEW YORK, NY / ACCESSWIRE / November 2, 2021 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, today announced general availability of its Innodata Data Annotation Platform, a web-based, SaaS platform designed to reduce the cost of AI/ML projects while enabling users to develop more accurate models. While the data annotation tools market is expected to cross $7 billion by 20271, data scientists often struggle to find the right combinations of tools for efficiently creating high-quality training data.

Innodata's SaaS Data Annotation Platform Now Generally Available

NEW YORK, NY / ACCESSWIRE / October 28, 2021 / INNODATA INC. (NASDAQ:INOD) today announced that it will report Third Quarter 2021 results before the market opens on Thursday, November 4, 2021.

Innodata to Report Third Quarter 2021 Results

NEW YORK, NY / ACCESSWIRE / September 30, 2021 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, today announced it has begun providing AI data annotation services to another Silicon Valley technology giant. This represents the second prominent Silicon Valley tech company Innodata has brought on as a customer for its AI services.

Innodata Providing Second Silicon Valley Tech Giant AI Data Annotation Across Multiple Business Segments

NEW YORK, NY / ACCESSWIRE / September 28, 2021 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, today announced the launch of its new podcast, Absolute AI, Conversations With the Humans Behind Artificial Intelligence (AI). As AI is rapidly becoming interwoven into the fabric of our society through the way we communicate, work, and problem solve, Absolute AI seeks to amplify the voices of the creators, researchers, and innovators taking AI from prototype to production.

Innodata Introduces New High-Tech Podcast: Absolute AI

Anticipates Approximately $11 Million in Subscription Revenue over Five-Year Term NEW YORK, NY / ACCESSWIRE / September 23, 2021 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, today announced that it has won a contract with one of the world's largest banks to provide AI-enhanced data feeds and a data analytics platform. Innodata anticipates the five-year contract will result in approximately $2 million per year in subscription revenue during the initial two years and approximately $2.4 million per year in subscription revenue thereafter.

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