Innodata soars on Q3 revenue beat

Innodata

08/11/2024 15:32

(Updates)
    ** Shares of U.S. digital data solutions firm Innodata
 INOD.O  jump 50.5% to $36.71 in early trading hours
    ** Co on Thursday reported Q3 revenue of $52.2 mln, beating
analysts' average estimate of $36.1 mln - data compiled by LSEG
    ** INOD's Q3 diluted EPS came in at 51 cents vs 1 cent a
year ago
    ** Including session's move, stock has risen ~350% YTD

 (Reporting by Jaiveer Singh Shekhawat in Bengaluru)
 ((JaiveerSingh.Shekhawat@thomsonreuters.com;))