Innodata Q3 revenue $17.5M (+20% YoY); net loss $0.8M vs net income $0.2M prior year

INNODATA INC

2021-Q3 EPS reported -$0.02 revenue$50,466,000

Revenue $17.5M, up 20% YoY; nine-month revenue $50.5M, up 18% YoY.
Net loss $0.8M ($0.03 EPS) vs net income $0.2M ($0.01 EPS) in Q3 2020.
Cash and equivalents $20.9M at Sep 30, 2021, up from $17.6M at Dec 31, 2020.
CEO expects growth to accelerate in Q4 and into 2022 based on new deals and sales force expansion.

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