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.

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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.

Innodata is an undiscovered AI data engineering company with strong Q3 2023 results and projected revenue growth of over 50% in 2024 and 30%-plus in 2025. The company's revenue growth is re-accelerating, with Q3 2023 revenues up 20.2% YoY and expected Q4 revenues of $24.50 million or higher. Innodata has now secured major business agreements with five out of the ten largest technology companies, indicating a significant presence in the tech sector.

Innodata: Strong Guidance On New Customer Deployments, Ramp Appears Imminent

NEW YORK, NY / ACCESSWIRE / November 15, 2023 / INNODATA INC. (NASDAQ:INOD) a leading data engineering company, announced that it will be participating today at Needham's 4th Annual Virtual Tech Week.

Innodata to Participate in Needham's 4th Annual Virtual Tech Week

Innodata Inc. (NASDAQ:INOD ) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Amy Agress - Senior Vice President & General Counsel Jack Abuhoff - President & Chief Executive Officer Marissa Espineli - Interim Chief Financial Officer Conference Call Participants Brian Kinstlinger - Alliance Global Partners Tim Clarkson - Van Clemens Dana Buska - Feltl and Company Bruce Galloway - Galloway Capital Tim Madey - White Pine Capital Operator Greetings and welcome to Innodata's Third Quarter 2023 Earnings Call. [Operator Instructions] Please note, this conference is being recorded.

Innodata Inc. (INOD) Q3 2023 Earnings Call Transcript

Revenue Up 20% Year-Over-Year; Accelerating Growth in Q4 and 2024 Anticipated NEW YORK, NY / ACCESSWIRE / November 2, 2023 / INNODATA INC. (NASDAQ:INOD) today reported results for the third quarter ended September 30, 2023.

Innodata Reports Third Quarter 2023 Results and Signing New Big Tech for Generative AI Development

NEW YORK, NY / ACCESSWIRE / October 26, 2023 / INNODATA INC. (NASDAQ:INOD) today announced that it will report Third Quarter 2023 results after the market closes on Thursday, November 2, 2023.

Innodata to Report Third Quarter 2023 Results

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Small-cap tech stocks have been overshadowed by mega-cap tech giants despite their potential for innovation and future growth. Smaller-cap stocks have appeal for potential acquisition by larger corporations. Three small cap tech stocks focused on AI—Applied Digital (APLD), Innodata (INOD) and Rigetti (RGTI)—are especially intriguing looking ahead into 2024.

Trading The Top-Performing AI Companies From The Small Cap Universe

NEW YORK, NY / ACCESSWIRE / October 17, 2023 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, announced that it will be participating all day today in non-deal road show meetings with prospective investors organized by Alliance Global Partners. A non-deal roadshow is an investor relations program during which management meets one-on-one with prospective institutional investors to communicate the highlights and investment propositions of the company.

Innodata Participating Today in Non-Deal Roadshow Run by Alliance Global Partners; Reiterates Guidance

Innodata is an undercovered AI data engineering company trading below valuations of comparable private AI companies like ScaleAI. The generative AI market is expected to grow from $40 billion in 2022 to over $1 trillion in 2030, with Innodata competing in the IT-focused services subset. Innodata has secured contracts with top technology companies and has the potential for significant revenue growth and earnings at scale.

Innodata: Mispriced AI Data Engineering And LLM Training Story, Primed For Growth

NEW YORK, NY / ACCESSWIRE / October 4, 2023 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, will announce today that it has recently signed three AI/LLM engagements with leading information companies. Innodata CEO Jack Abuhoff will make the announcement during his speaking engagement at the information industry's preeminent annual Outsell Signature Event taking place today at the Four Seasons Hampshire, England.

Innodata to Announce Today Three AI Large Language Model Engagements with Leading Information Companies

NEW YORK, NY / ACCESSWIRE / August 30, 2023 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, announced that it will be participating all day today in non-deal road show meetings with prospective investors organized by Craig-Hallum and has posted an investor presentation to its website. The presentation is available at innodata.com/investor-relations/.

Innodata Announces Non-Deal Roadshow Organized by Craig-Hallum and Investor Presentation

Raises Previously Provided Guidance to $25 Million of End-of-Year Run Rate Revenue, up by $10 Million NEW YORK, NY / ACCESSWIRE / August 29, 2023 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, today announced that it is expanding its large language model (LLM) development program with the new customer it announced July 18, 2023. The customer is one of the "Big Five" global tech companies.

Innodata Lands Significant LLM Expansion with New "Big Five" Customer Announced July 18, 2023

NEW YORK, NY / ACCESSWIRE / August 22, 2023 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, today announced that the agreement for the win it announced on August 10, 2023 with a new Big Five technology customer is now signed. With the signing of this agreement, Innodata is now engaged to support four of the Big Five technology companies in their generative AI development initiatives.

Innodata Announces Agreement Signed with Big Five Tech Customer

NEW YORK, NY / ACCESSWIRE / August 16, 2023 / INNODATA INC. (NASDAQ:INOD) today announced that it will participate in three upcoming investor conferences: 15th Annual BWS Financial Growth and Value Summer Investor Series, taking place in New York on Thursday, August 17, 2023 at the Intercontinental Times Square in New York City.

Innodata to Participate in Upcoming Investor Conferences

Innodata's Q2 loss narrowed significantly compared to the loss it posted last year. The company also announced that it had started providing services for a new big-five tech company.

Why Innodata Stock Is Skyrocketing Today

Innodata Inc. (NASDAQ:INOD ) Q2 2023 Earnings Call August 10, 2023 5:00 PM ET Company Participants Amy Agress – Senior Vice President and General Counsel Jack Abuhoff – President and Chief Executive Officer Marissa Espineli – Interim Chief Financial Officer Conference Call Participants Tim Clarkson – Van Clemens Dana Buska – Feltl and Company Bruce Galloway – Galloway Capital Operator Good day everyone. And welcome to Innodata's Second Quarter 2023 Earnings Call.

Innodata Inc. (INOD) Q2 2023 Earnings Call Transcript

Winning streak continues with latest deal, expected to be signed tomorrow Company has landed all three potentially transformative opportunities disclosed in Q2 report, plus fourth deal originally anticipated for later in year Company now poised to support four of Big Five global tech companies for generative AI development NEW YORK, NY / ACCESSWIRE / August 10, 2023 / INNODATA INC. (NASDAQ:INOD) today reported results for the second quarter ended June 30, 2023.

Innodata Announces Another Big Five Tech New Customer Win and Reports Second Quarter 2023 Results

NEW YORK, NY / ACCESSWIRE / August 3, 2023 / INNODATA INC. (NASDAQ:INOD) today announced that it will report Second Quarter 2023 results after the market closes on Thursday, August 10, 2023.

Innodata to Report Second Quarter 2023 Results

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Up to $8 million budgeted for remainder of 2023 Annualized run rate of $15 million or more possible by end of 2023 Potential for further expansion in 2024 NEW YORK, NY / ACCESSWIRE / July 18, 2023 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, today announced that it has successfully closed a significant deal with one of the five largest technology companies in the world for training the customer's AI large language models (LLMs). The company is a new customer for Innodata.

Innodata Signs Deal with New "Big Five" Tech Customer for AI Large Language Model Development

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Big Tech on the Prowl: 3 Potential AI Stock Acquisition Targets

NEW YORK, NY / ACCESSWIRE / June 27, 2023 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, today announced that one of the world's largest cloud infrastructure and platform services companies has selected Innodata to perform AI large language model (LLM) fine-tuning and AI data annotation as a white-labeled service for its cloud and platform customers. Innodata anticipates kicking off the service with three of the cloud provider's customers next month.

Leading Hyperscale Cloud Platform Selects Innodata to Provide Large Language Model Fine-Tuning and AI Data Annotation for its Cloud Customers

Innodata: Transformative Deals? I Do Not Think So

Anticipates total customer revenue could exceed $8 Million in 2023 Reports strong forward momentum toward signing generative AI programs with two new Big Five customers NEW YORK, NY / ACCESSWIRE / June 14, 2023 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, today announced it has kicked off generative AI training dataset development for a leading cloud infrastructure and platform services company that is an existing customer of Innodata. "This is the first of the three potentially transformative generative AI customer engagements we referred to in our May 11, 2023 first quarter earnings release," said Jack Abuhoff, Innodata Chief Executive Officer.

Innodata Announces Start of Generative AI Development With Top-Five Big-Tech Existing Customer

NEW YORK, NY / ACCESSWIRE / June 14, 2023 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, announced today that CEO Jack Abuhoff will be participating in Wedbush's "AI Revolution: Diving Into the AI Theme" virtual conference on June 16, 2023 starting at 10:00 AM ET. Abuhoff will be participating in a panel discussion entitled "Google vs.

Innodata to Participate in Wedbush AI Event "AI Revolution: Diving Into the AI Theme" on June 16, 2023

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