From Nasdaq: 2025-02-18 09:35:00

Innodata (INOD) is set to report fourth-quarter 2024 results on Feb. 20. Analysts expect revenues to rise by 103.45% to $53.12 million, with earnings per share projected to increase by 340% to 22 cents.

In the last quarter, Innodata delivered a 400% earnings surprise. Despite a neutral outlook this time, the company’s focus on data engineering services for Big Tech companies positions it well in the AI sector.

INOD shares have surged 557.4% in the past year, outperforming the sector and industry. Trading at a premium valuation, the company’s strategic position in the generative AI space justifies its growth prospects and stock performance.

Innodata presents a compelling investment opportunity with its strong revenue growth and client base in the AI data engineering sector. Management’s optimistic guidance for fourth-quarter revenue suggests continued momentum, making INOD an attractive investment choice ahead of earnings.



Read more at Nasdaq: Innodata Q4 Earnings Preview: Should You Buy, Sell or Hold the Stock?