Innodata Inc reports results for the quarter ended in June - Earnings Summary

Innodata

09/08/2024 18:59

* Innodata Inc  INOD.OQ  reported quarterly breakeven
results​​
per share for the quarter ended in June.  The mean expectation
of two analysts for the quarter was for a loss of 4 cents per
share. Wall Street expected results to range from -9 cents
tozero cents per share.
    * Revenue was $32.55 million​; analysts expected $27.59
million. 
    * Innodata Inc's reported EPS for the quarter was breakeven
results​.
    * The company reported a quarterly loss of $14 thousand.
    * Innodata Inc shares had risen by 10.4% this quarter and
gained 101.2% so far this year.

FORECAST CHANGES
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "buy"

Wall Street's median 12-month price target for Innodata Inc is
$27.00 
This summary was machine generated from LSEG data August 9 at
05:59 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      -0.04          0.00           Beat