secwatch / observer
8-K filed February 23, 2023, 6:59 PM ET ticker INOD CIK 0000903651
earnings confidence high sentiment neutral materiality 0.65

Innodata Q4 revenue $19.4M, net loss $2.0M; FY2022 revenue up 13% to $79.0M; guides to $10M+ Adj. EBITDA in 2023

INNODATA INC

2022-FY EPS reported -$0.44 revenue$79,001,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

INNODATA INC reported fourth quarter and fiscal year ended December 31, 2022 results: revenue $19.4 million (Q4 2022), $79.0 million (FY 2022), net income Net loss of $2.0 million (Q4 2022), Net loss of $12.0 million (FY 2022), EPS ($0.07) per basic and diluted share (Q4 2022), ($0.44) per basic and diluted share (FY 2022).

Period
fourth quarter and fiscal year ended December 31, 2022
Revenue
$19.4 million (Q4 2022), $79.0 million (FY 2022)
Net income
Net loss of $2.0 million (Q4 2022), Net loss of $12.0 million (FY 2022)
EPS
($0.07) per basic and diluted share (Q4 2022), ($0.44) per basic and diluted share (FY 2022)
Result
reported results
Exact text from the filing
Innodata Reports Fourth Quarter and Fiscal Year 2022 Results Revenue Up 13% Year-Over-Year with Return to Positive Adjusted EBITDA in the Fourth Quarter and Strong Momentum in Generative AI and Large Language Models NEW YORK – February 23, 2023 – INNODATA INC. (NASDAQ: INOD) today reported results for the fourth quarter and the year ended December 31, 2022. · Revenue for the quarter ended December 31, 2022 was $19.4 million, compared to revenue of $19.3 million in the same period last year. · Net loss for the quarter ended December 31, 2022 was $2.0 million, or $0.07 per basic and diluted share, compared to a net loss of $1.2 million, or $0.04 per basic and diluted share, in the same period last year. · Total revenue for the year ended December 31, 2022 was $79.0 million, up 13% from revenue of $69.8 million in 2021. · Net loss for the year ended December 31, 2022 was $12.0 million, or $0.44 per basic and diluted share, compared to net loss of $1.7 million, or $0.06 per basic and dilut
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Source: SEC EDGAR
accession 0001104659-23-024789
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