other material
confidence medium
sentiment positive
materiality 0.55
Innodata CEO targets $30M quarterly revenue in 2024, up from prior run rate
INNODATA INC
- CEO Jack Abuhoff sets internal goal of $30M quarterly revenue this year, calling it 'within range of possibility'.
- Goal compares to Q4 2023 revenue of $22.5M, implying roughly 33% sequential growth from recent run rate.
- Statement made in interview with Tiernan Ray of The Technology Letter on February 24.
- Press release elaborates on guidance previously provided in Q3 and Q4 2023 conference calls.
- Innodata (INOD) trades on Nasdaq under ticker INOD.