Innodata Reports Q3 Earnings Beat with Significant Revenue Growth
Innodata (NASDAQ: INOD) reported strong third-quarter financial results, exceeding analyst expectations for both earnings and revenue. The company posted a GAAP EPS of $0.30, surpassing estimates by $0.12, while total revenue reached $95.6 million, representing a 52.8% increase year-over-year. The company's profitability also saw an upward trend, with adjusted EBITDA rising to $17.7 million, or 18.5% of total revenue. This marks a $1.5 million improvement compared to the same period in the previous year, signaling robust operational scaling and strong market demand.
Tickers: $INOD