Innodata Inc reports results for the quarter ended in September 30 - Earnings Summary

Innodata

08/11/2024 04:40

* Innodata Inc  INOD.OQ  reported quarterly adjusted
earnings of
51 cents​​ per share for the quarter ended September 30.  The
mean expectation of three analysts for the quarter was
for earnings of 13 cents per share. Wall Street expected
results to range from 7 cents to 20 cents per share.
    * Revenue was $52.22 million​; analysts expected $36.11
million. 
    * Innodata Inc's reported EPS for the quarter was 51 cents​.
    * The company reported quarterly net income of $17.39
million.
    * Innodata Inc shares had risen by 43.6% this quarter and
gained 195.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.6%
in the last three months.​ 
    * 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 3 "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
$30.00 
This summary was machine generated from LSEG data November 8 at
04:39 a.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
 Sep. 30 2024      0.13           0.51           Beat
 Jun. 30 2024      -0.04          0.00           Beat