Innodata Q1 revenue $58.3M (+120% YoY); net income $7.8M; reaffirms 2025 growth guidance 40%+

INNODATA INC

2025-Q1 EPS reported $0.22 revenue$58,344,000

Q1 revenue $58.3M, up 120% YoY; net income $7.8M ($0.22 diluted EPS) vs $1M a year ago.
Adjusted EBITDA $12.7M, up from $3.8M; cash $56.6M, up from $46.9M at year-end.
Signed second master SOW with largest customer; four Big Tech customers awarded ~$8M in engagements; discussions for >$30M.
Reaffirms 2025 revenue growth guidance of 40% or more; plans to reinvest for long-term growth.
New customer onboarding includes enterprise tech, cloud software, digital commerce, and healthcare AI companies.

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