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Innodata's Singhal becomes CEO Sept 30, 2026 at $636,276 base; Abuhoff shifts to Executive Chairman at $600,000
Rahul Singhal moves from President and Chief Revenue Officer to President and CEO effective Sept 30, 2026, succeeding Jack Abuhoff, who becomes Executive Chairman the same day.
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Innodata appoints Admiral Michael S. Rogers, former NSA Director, to board
Admiral Rogers elected as independent director effective September 10, 2026, per Item 5.02.
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Innodata enters $300M at-the-market equity distribution agreement with five agents
Up to $300M of common stock may be sold from time to time through Goldman Sachs, Craig-Hallum, Wells Fargo, Maxim Group, and Wedbush.
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Innodata Q2 revenue up 58% YoY to $92.1M, beats consensus; CEO transition to Rahul Singhal
Revenue $92.1M, up 58% YoY, beat consensus by 7%.
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Innodata appoints Jayant Chauhan as CFO, reaffirms 2026 revenue growth of ~40%+ YoY
Jayant Chauhan named EVP & CFO effective July 6; over 20 yrs finance experience, most recently SVP M&A at Mphasis.
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Innodata stockholders elect all five director nominees and approve equity plan at annual meeting
All five director nominees elected: Abuhoff, Callahan, Clarke, Forlenza, Massey; votes for ranged 9.6M to 10.5M.
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Innodata Q1 revenue $90.1M (+54% YoY), beats consensus; raises FY guidance to ~40% growth
Revenue $90.1M, up 54% YoY, beat consensus by 18%; adjusted EBITDA $25.0M beat consensus by 139%.
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Innodata amends Wells Fargo credit facility: max credit raised to $50M, maturity extended to April 2029
Fourth amendment increases secured revolving credit line to $50M maximum, up from prior amount.
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Innodata signs Singhal employment pact ($500k base); amends CEO Abuhoff's equity vesting
President/CRRO Singhal receives $500k base salary, target bonus of 75% of base.
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Innodata Q4 rev $72.4M (+22%), FY2025 rev $251.7M (+48%), guides ~35%+ growth in 2026
Revenue $251.7M for FY2025, up 48% YoY; Q4 revenue $72.4M, up 22% YoY.
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Innodata appoints new President, two independent directors; Abuhoff becomes Chairman
Nick Toor resigns as Chairman and director effective Nov 6, 2025; no disagreement with company.
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Innodata Q3 revenue up 20% to $62.6M; adj EBITDA +17%; guides 45%+ FY growth
Revenue $62.6M (+20% YoY); 9-month $179.3M (+61% YoY).
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Innodata Q2 revenue up 79% to $58.4M; raises FY2025 guidance to 45%+ growth
Revenue $58.4M, 79% YoY organic growth.
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DOJ and SEC close investigations into Innodata; no enforcement actions
DOJ notified Innodata on June 12, 2025, that it closed its investigation.
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Innodata stockholders elect all four director nominees and approve auditor and say-on-pay at June 5 annual meeting
All four director nominees elected with >10M votes each: Abuhoff, Forlenza, Massey, and Toor.
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Innodata Q1 revenue $58.3M (+120% YoY); net income $7.8M; reaffirms 2025 growth guidance 40%+
Q1 revenue $58.3M, up 120% YoY; net income $7.8M ($0.22 diluted EPS) vs $1M a year ago.
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Innodata reports record Q4 revenue $59.2M (+127% YoY); guides 40%+ growth in 2025
Q4 revenue $59.2M (up 127% YoY); full-year revenue $170.5M (up 96%).
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Innodata Q3 revenue $52.2M (+136% YoY); net income $17.4M; raises FY guidance to 88-92% growth
Revenue of $52.2M, up 136% YoY; net income $17.4M ($0.60 basic EPS) vs $0.4M a year ago.
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Innodata amends Wells Fargo credit facility to $30M, with $150k amendment fee
Revolving credit facility increased to lesser of borrowing base and $30M; can request up to $50M with lender approval.
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Innodata Q2 revenue $32.6M (+66% YoY); raises FY2024 growth guidance to 60%+
Revenue of $32.6M, up 66% YoY; EPS $0.00 vs $(0.03) loss in prior year.
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Innodata shareholders elect all four director nominees, approve auditor and say-on-pay at annual meeting
All four director nominees elected: Jack S. Abuhoff (7,164,567 For), Louise C. Forlenza (6,835,879), Stewart R. Massey (6,758,084), Nauman Toor (6,888,350); broker non-votes 6,335,392 each.
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Innodata Q1 revenue up 41% to $26.5M; raises 2024 growth guidance to at least 40%
Q1 revenue $26.5M (+41% YoY); net income $1.0M vs loss of $2.1M YoY.
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Innodata withdraws proposal to acquire Appen; reiterates 20% revenue growth target
Withdrew confidential non-binding proposal to acquire all shares of Appen Limited (ASX:APX).
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Innodata CEO targets $30M quarterly revenue in 2024, up from prior run rate
CEO Jack Abuhoff sets internal goal of $30M quarterly revenue this year, calling it 'within range of possibility'.
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Innodata Q4 revenue $26.1M (+35% YoY), net income $1.7M vs loss; beats guidance; signs $69M AI deal
Q4 2023 revenue $26.1M, up 35% YoY; net income $1.7M ($0.05 diluted) vs net loss $2.0M a year ago.
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Innodata awards $572K in cash bonuses to CEO, COO, Interim CFO for 2022 performance
CEO Jack Abuhoff awarded $300,000 cash bonus for 2022 performance.
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Innodata reports Q3 revenue $22.2M (+20% YoY), net income $0.4M, signs new big tech for GenAI
Net income $0.4M ($0.01/shr) vs net loss $3.3M (-$0.12/shr) in Q3 2022.
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Innodata reiterates prior guidance, participates in non-deal roadshow with Alliance Global Partners
Press release on Oct 17, 2023 confirms reiteration of guidance issued Aug 10, 2023.
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Innodata Q2 2023: Revenue $19.7M, Adj EBITDA $1.6M positive; new Big Five win expected
Revenue $19.7M (flat YoY); net loss $0.8M vs $3.8M YoY; adjusted EBITDA $1.6M vs -$1.3M YoY.
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Innodata stockholders elect directors, ratify auditor, approve say-on-pay and annual frequency
All four director nominees (Abuhoff, Forlenza, Massey, Toor) elected with at least 9.2M votes for; broker non-votes ~4.7M.
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Innodata Q1 revenue $18.8M, net loss $2.1M; announces generative AI deals with three top tech firms
Revenue $18.8M vs $21.2M YoY; prior year included $4.4M from a large social media client that pulled back.
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Innodata enters $10M revolving credit facility with Wells Fargo; initial borrowing base $3.3M
Credit Agreement with Wells Fargo provides secured revolver up to $10M, maturing April 4, 2026.
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Innodata Q4 revenue $19.4M, net loss $2.0M; FY2022 revenue up 13% to $79.0M; guides to $10M+ Adj. EBITDA in 2023
Q4 revenue $19.4M (flat YoY); net loss $2.0M ($0.07/sh) vs $1.2M loss ($0.04) in Q4 2021.
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Innodata Q3 revenue $18.4M (+6%) but net loss widens to $3.3M; expects Q4 adj. EBITDA positive
Net loss $3.3M ($0.12/diluted) vs loss $0.8M ($0.03) a year ago; adj. EBITDA loss $1.2M.
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Innodata Q2 revenue up 17% to $20M; net loss widens to $3.8M; lowers full-year growth guidance to 15-20%
Revenue $20.0M (+17% YoY), net loss $3.8M ($0.14/share) vs net loss $0.1M in Q2 2021.
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Innodata shareholders elect all four directors, ratify auditor, approve compensation and equity plan
All four director nominees elected: Jack S. Abuhoff (10.3M for, 1.5M withheld), Louise C. Forlenza, Stewart R. Massey, Nauman Toor.
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Innodata Q1 revenue up 33% YoY to $21.2M; net loss $2.8M; reaffirms 30% FY growth target
Revenue $21.2M (+33% YoY); net loss $2.8M ($0.10/sh) vs net income $0.4M in Q1 2021.
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Innodata Q4 revenue up 26% YoY to $19.3M; net loss $1.2M; targets 30% growth in 2022
Q4 revenue $19.3M (+26% YoY); FY2021 revenue $69.8M (+20% YoY).
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Innodata part-time CFO Mark Spelker resigns; Marissa Espineli named Interim CFO
Mark Spelker resigned as EVP and CFO effective March 15, 2022.
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Innodata awards $300K CEO bonus, raises COO salary, grants stock options
CEO Jack Abuhoff receives $300,000 cash bonus; COO Ashok Mishra receives $180,000 cash bonus.
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Innodata enters indemnification agreements with officers and directors
Indemnification agreements signed on Feb 18, 2022 with named executive officers and directors.
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Innodata posts revised investor presentation on website; no specific figures disclosed
Revised investor presentation posted on January 12, 2022, at Innodata's IR website.
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Innodata reiterates growth outlook at Needham Growth Conference; Q3 revenue up 20% YoY
Reiterates expectation for accelerating revenue growth in Q4 2021 and 2022, as stated in Q3 2021 earnings call.
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Innodata Q3 revenue $17.5M (+20% YoY); net loss $0.8M vs net income $0.2M prior year
Revenue $17.5M, up 20% YoY; nine-month revenue $50.5M, up 18% YoY.
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Innodata Q2 2021 revenue $17.0M (+23% YoY); net loss narrows to $0.1M
Revenue of $17.0M, up 23% YoY; net loss of $0.1M ($0.00 EPS) vs $0.5M loss a year ago.