Innodata Q3 revenue beats expectations

Innodata

06/11/2025 21:43

Overview

Innodata Q3 revenue grows 20% yr/yr, beating analyst expectations

Adjusted EBITDA for Q3 beats consensus, rising 17% yr/yr

Company reiterates 45% or more YoY growth guidance for 2025

Outlook

Innodata reiterates 2025 guidance of 45% or more YoY organic revenue growth

Company anticipates transformative growth in 2026 based on new wins and strong momentum

Result Drivers

TECH PARTNERSHIPS - Deepening relationships with Big Tech and AI labs contributed to revenue growth

PRE-TRAINING DATA INVESTMENT - Investment in pre-training data capabilities led to significant contract signings

FEDERAL PRACTICE LAUNCH - Launch of Innodata Federal and new defense sector customer engagement expected to drive growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$62.60 mln
$59.78 mln (4 Analysts)
Q3 Net Income
$8.30 mln
Q3 Adjusted EBITDA
Beat
$16.20 mln
$10.33 mln (3 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the it services & consulting peer group is "buy"

Wall Street's median 12-month price target for Innodata Inc is $75.00, about 13.7% above its November 5 closing price of $64.69

The stock recently traded at 67 times the next 12-month earnings vs. a P/E of 60 three months ago

Press Release: ID:nACSNQnPga

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)