Innodata Q3 revenue $52.2M (+136% YoY); net income $17.4M; raises FY guidance to 88-92% growth

INNODATA INC

2024-Q3 EPS reported $0.55 revenue$111,281,000

Revenue of $52.2M, up 136% YoY; net income $17.4M ($0.60 basic EPS) vs $0.4M a year ago.
Adjusted EBITDA $13.9M, a 337% increase from $3.2M in Q3 2023.
Full-year 2024 revenue guidance raised to 88-92% year-over-year growth.
Added eighth Big Tech customer (prominent social media co.) and second federal agency win.
Cash and short-term investments $26.4M, up from $13.8M at Dec 31, 2023.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.