secwatch.observer — SEC 8-K summary
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Issuer:     INNODATA INC (INOD)
CIK:        0000903651
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001104659-24-115337
Event type: earnings
Sentiment:  positive
Materiality: 0.95
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/903651/000110465924115337/0001104659-24-115337-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/903651/000110465924115337/tm2426973d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-115337

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer