Innodata Inc (INOD) Share Price

Why would anyone want to sue this company as a shareholder?


Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Innodata Inc. (INOD) and Encourages Investors to Learn More About the Investigation
Accesswire10:00 AM (UTC-05:00) Eastern Time (US & Canada) Feb 09, 2025

NEW YORK CITY, NY / ACCESS Newswire / February 9, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Innodata Inc. ("Innodata" or "the Company") (NASDAQ:INOD). Investors who purchased Innodata securities prior to May 9, 2019, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/INOD.

INOD new 52/week high

Timing of Conference Call with Q&A

Innodata will conduct an earnings conference call, including a question-and-answer period, at 5:00 PM eastern time today. You can participate in this call by dialing the following call-in numbers:

The call-in numbers for the conference call are:
+1-800-549-8228 (North America)
+1 289-819-1520 (International)
Participant Access Code 83378
+1-888-660-6264 (North America Replay)
+1 289-819-1325 (International Replay)

It is recommended that participants dial in approximately 10 minutes prior to the start of the call. Investors are also invited to access a live Webcast of the conference call at the Investor Relations section of Innodata's website at https://investor.innodata.com/events-and-presentations. Please note that the Webcast feature will be in listen-only mode.

Call-in replay will be available for seven days following the conference call, and Webcast replay will be available for 30 days following the conference call, at the Investor Relations section of Innodata's website at https://investor.innodata.com/events-and-presentations/.

NEW YORK, NY / ACCESS Newswire / February 20, 2025 / INNODATA INC.
INOD
today reported results for the fourth quarter and the year ended December 31, 2024.

Revenue for the fourth quarter was $59.2 million, up 127% from revenue of $26.1 million in the same period last year.
Revenue for the year was $170.5 million, up 96% from revenue of $86.8 million in 2023.
Adjusted EBITDA was $14.1 million in the fourth quarter, compared to Adjusted EBITDA of $4.3 million in the same period last year.*
Adjusted EBITDA was $34.6 million in 2024, compared to Adjusted EBITDA of $9.9 million in 2023.*
Net income for the fourth quarter was $10.3 million, or $0.34 per basic share and $0.31 per diluted share, compared to a net income of $1.7 million, or $0.06 per basic share and $0.05 per diluted share, in the same period last year.
Net income for the year was $28.7 million, or $0.98 per basic share and $0.89 per diluted share, compared to a net loss of $0.9 million, or $0.03 per basic and diluted share, in 2023.
Cash, cash equivalents and short-term investments were $46.9 million as of December 31, 2024 and $13.8 million as of December 31, 2023.
* Adjusted EBITDA is defined below.

Jack Abuhoff, CEO, said, "Q4 was a record quarter and 2024 was a record year. Our Q4 revenues of $59.2 million were well above the high end of our Q4 revenue guidance of $52-$55 million. In Q4, we experienced accelerating business momentum across key strategic imperatives that we believe will serve our medium and long-term growth plans. The momentum we're achieving gives us the confidence to forecast 2025 as another year of strong growth.

Specifically, we draw investors' attention to several important factors that we believe demonstrate the accelerating growth in our business:

Expanding Relationship with Largest Customer. In Q4 and January, we were awarded additional programs and expansions with our largest customer valued at approximately $24 million of annualized run rate revenue. These recent awards expand our total annualized run rate revenue with this customer to approximately $135 million.
Expanding Relationships with Seven Other Big Tech Customers. We grew aggregate revenues from our seven other Big Tech customers (i.e., excluding our largest customer) by 159% in Q4 over Q3 of 2024. We believe this increased growth by our other Big Tech customers, which we hope will continue in 2025, serves as validation of our land and expand strategy, and we expect it will continue to diversify our revenue base. We are currently running several pilots with these customers that hold the promise of seven- or even eight-figure revenue opportunities, if won.
Industry Trends Creating Tailwinds. We believe we are positioned to benefit from recently announced AI-driven capex spending among the Magnificent Seven as well as innovation in hardware optimization, as most recently exemplified by Chinese AI research lab DeepSeek, that we expect will lower the cost of compute required for training and inferencing.
Investment. In 2025, we plan to re-invest a portion of our cash from operations back into the business to position ourselves for continued, multi-year growth while still guiding to growing our Adjusted EBITDA in 2025 over 2024.
Strong Balance Sheet. Our balance sheet is strong with $46.9 million in cash at year end and an undrawn $30 million credit facility giving us flexibility to execute our strategy.
2025 Guidance. We are forecasting 40% or more revenue growth in 2025 based primarily on won deals and near-in, forecastable business. We anticipate updating this guidance through the course of the year, much as we did in 2024."
Abuhoff concluded, "I look forward to growing our business in 2025 as we position Innodata to become one of the greatest AI services companies and deliver superior returns for our shareholders."

WOW not seen the numbers yet but saw it was up $11 (20%). looked at a straddle earlier but there was $5 for both call and put for tomorrow…. so didnt bu as wasnt expecting a $10 move…. my core is $9 added more at $40 on the way up.

Wow! Another gem.

INOD, new 52 week high

INOD, new 52 week high

INOD, little under the 52/week high

INOD, new 52 week high

INOD: Easiest profits-play of the day!! (Stop playin' those cheap under-a-buck crap!!)

Nice increase in gross profits $30 +
25%

Ok, I was pretty close today....predicted a 4% loss, I further predict Friday will be a "nothing burger", and we begin modest gains on Monday....continuing the -2% to +2% behavior described in prior post. That will continue each day until Financials release. Then BOOM...another big, BIG jump up.

I did some analysis on the past 6 months trading activity. not sure how to upload a photo here, so I'll just type out my findings.

Daily Volume / Daily SP Growth rate correlations (Past 6 months)
Findings:
- Typically a low volume / stable stock with long term growth potential.
- 71% of all trading days were below 500K volume
- This stock is NOT dilutive. 80% of days where losses were >-2% were on low volume days, less than 500K. Only 8% of days recorded a loss when volume was above 750K.
- approx half of all trading days, the stock movements floated between -2% loss and +2% gain, with 70% of those days being GAINS and 30% being Losses. ....ahem...long term play.
- This stock gaining days +2% or higher can be found on both high volume days and low volume days, nearly 50/50 split
- of the 15 days with volume over 1M: only 3 days with sp loss, other 12 days are sp gains at an average of 14% gain per day. The average consolidation following those gains is approx -2% to -3%. +11 to 12% gain differential each +1M volume level up day.
- Stock lost more than 5% on only 5 separate days, following these days the average "bounce back" sp gain is +7%. +2% Gain differential on each large loss day.
- Stock gained more than 5% on 23 separate days. Large gain days out pace large loss days by approx. 5 to 1.
- the last 3 bullet points mean that this stock RETAINS substantial Share Price growth after the "dust settles" when large gains are seen, and the Stock rebounds HIGHER after large loss days. That sounds like a win/win ratio to me.

Overall summary on "how to play" this stock.
- This stock is a "long term play" with minimal pullbacks creating minimal short term profit opportunities.
- low volume stock that moves UP on significant volume with modest/small pull-back period after each large volume/SP gain….aka people taking some profits
- If you do take profits on gaining days, please recognize there may not be chance to accumulate again at a lower level. (only modest pull-backs occur)
- The absolute BEST TIME TO BUY is DURING a Large Loss Day! If you wait for the next day-ish, the stock will rebound on avg +7% and you've missed a better buying opportunity.

- Institutional ownership is diverse and growing, with minimal groups exiting the stock.

- Based on this analysis.....TODAY is NOT a large loss day at -8%, because the stock grew 25% the past 2 days. I would anticipate tomorrow to finalize the pullback at around -4%, but that will be about it for the "pull-back" leaving the "gain differential" at around 13%....it's on to the next level up at that point.

Buy more shares either now or buy in the morning.....that's the best time to get more.

INOD new 52 week high

INOD new 52 week high

Hello $20 mark....nice to see you! Let's trade TONS of VOLUME at this spot and build a nice foundational floor for the next huge move to $100! I love a healthy chart!

Well...we might see above $20 sooner than I anticipated. Thanks for the uplift Motley Fool. https://finance.yahoo.com/news/2-artificial-intelligence-ai-stocks-092500064.html

I think that trend is going to continue with some newer highs over next 5-6 weeks....then settle for a little while prior to next jump up. I'm actively trading this one and adding to my LOOOOOONG position as we go. GLTY!

INOD new 52 week high

I've taken a LOOONG term position in this one. I appreciate the clarity Mgmt provided about their services....should help everyone understand their Go-to-Market strategy and limited need for Operating capital (cash) vs other "AI" companies. This will be above $20 in 2 months, but I think this will be $100+ in 1 year....big crystal ball of $200+ per share in 2-3 years.

Hello my friend, new to this board. looks good.

Early Barchart 100
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=today&viewName=main&screener=overall&orderBy=percentChange&orderDir=desc

8k

so i is wolfpack hit piece claiming their AI “claims” are all lipstick on a pig and they haven't changed anything over the last few years, in fact no R&D spend at all

hopefully company responds

https://wolfpackresearch.com/research/inod/

tryig to find news to explain the 20% drop - any one know?

broke past the $9 dollar 6-month ceiling and it bounced up above $10 again. Chart shows it reaching near $11 prior to any substantial selling resistance. If $10 holds as a new floor for 2-3 weeks, this will see $15 again by spring time.

Thanks. Isn't 14.8 million cash a bit low for an AI company? I suppose that Credit line will help.Wonder what their cash burn is. Looks like it stabilized after that recent drop. Watching and waiting to add more slowly

https://innodata.com/investor-relations/
click "Investor Presentation"

welcome to INOD - it will be a fun profit ride. check out this Investor Presentation, see page 32. "Clean Balance Sheet". $14.8M cash on hand. no external debt., access to $10M credit line, and most significantly, Low Shares on issue. quote, "Since inception (30+ years), we have not raised any capital from external investors, and our operations and investments have been funded through our organic cash-flow."

Yes, I'm definitely still in. The O/S float is super low and they are not adding shares......so any large institution coming "in or out" could make this stock move fast up & down....I'm guessing a big holder moved funds to another AI stock for whatever reason they may have. I'm taking advantage and adding in...added some yesterday and will again today when market opens.

Starter in INOD, 5.87 avg,small position.Don't see reason for drop last 2-3 trading days

INOD are you still in?Looks like a good AI company. Been trying to find reason why the price dropped 20% on 11/22 on high volume.Thought I'd ask you since you've been following this for a while.Thanks.

crystal ball for $10 SP next week is looking accurate so far....still plenty of gains to grab....get yours now.

today is confirming yesterday's post. It's ready for a nice modest run back up to $10+ by next week. ....my crystal ball.... followed by a steady incline with some buying opps along the way over the next 6-10 months....$13+ by next summer......my crystal ball....

Building my position in INOD. This downturn has been a nice opportunity. DON'T MISS OUT! Planning to hold most of my position for 2 years....this company is on the forefront of AI B2B services....market leader in this new tech space. I'm predicting ~$100 per share 24 months from now.

I love these low buying opportunities! Thanks, ya bears out there. This bull is buying.

and another down day yearh

great day.. early on

impressive Friday...

exponential growth in AI and ChatGpt sector for a decade. Wall Street is pumping glamour stocks.
Google description of what Innodata does for AI and ChatGPT
“the most under-valued and deglamorised aspect of AI.”
.
Glamour stocks need for Innodata expertise will be ramping aexponentially. I'm guessing a majority of S&P 500 companies will be adopting AI and ChatGPT applications.

INOD now No 6 on the Barchart Top 10

INOD
Innodata Inc NASDAQ: INOD

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Industrials : Professional Services | Small Cap ValueCompany profile
Innodata Inc. is a data engineering company. The Company's segments include Digital Data Solutions (DDS), Synodex and Agility. The DDS segment provides artificial intelligence (AI) data preparation services, collecting or creating training data, annotating training data, and training AI algorithms for its customers, and AI model deployment and integration. The DDS segment also provides a range of data engineering support services, including data transformation, data curation, data hygiene, data consolidation, data extraction, data compliance, and master data management. The Synodex segment provides an industry platform that transforms medical records into usable digital data organized in accordance with its data models or customer data models. The Agility segment provides an industry platform that provides marketing communications and public relations professionals with the ability to target and distribute content to journalists and social media influencers worldwide.

Agreed.

Looks to be an amazing under the radar AI play.
They have 3 contracts ready to be signed.
If (when) AI stocks get hit again then this will easily run to $20-$30.
JMO.

Nice again!

$2.59 nice

News: $INOD Innodata Authorized Up To $2.0 Million Common Stock Repurchase Program

NEW YORK, NY / ACCESSWIRE / July 12, 2019 / INNODATA INC. (NASDAQ: INOD) t oday announced that its Board of Directors has authorized the repurchase of up to $2.0 million of its issued and outstanding common stock in open market or privately negotiated transactions. The...

Find out more Innodata Authorized Up To $2.0 Million Common Stock Repurchase Program

WTF

$ boom $