Innodata – The AI Data and Automation Specialist Surprises with Record Quarter and Sparks New Excitement in the AI Boom!
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Innodata surprises with a 54% increase in revenue, nearly doubled EBITDA, and a new $51 million major contract. The annual forecast rises to around 40% growth. Investors must weigh strong AI momentum against a high valuation. Record figures exceed all expectations The share price of Innodata makes a spectacular jump of about 30% following the quarterly results. The trigger is a first quarter that truly pulverizes Wall Street consensus expectations. According to the announcement, revenue increases 54% year-over-year to $90.1 million, while analysts...
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