RCS - Innodata Inc. - Innodata to Report First Quarter 2022 Results

InnodataAnnouncement

05/05/2022 15:15

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RNS Number : 3914K  Innodata Inc.  05 May 2022

Innodata to Report First Quarter 2022 Results

NEW YORK, NY / ACCESSWIRE / May 5, 2022 / INNODATA INC. (NASDAQ:INOD) today
announced that it will report First Quarter 2022 results after the market
closes on Thursday, May 12, 2022. A news release will be available in both the
News and Investor Relations sections of the Innodata
website, www.innodata.com (https://pr.report/D5ijnBTS) .

Innodata has scheduled an investor conference call for 5:00 PM eastern time on
that same day.

Jack Abuhoff, CEO, said, "Beginning this quarter, we are shifting our news
release distribution and earnings conference call to after market close to
encourage broader attendance on our call and give analysts and investors time
to digest our results. We're looking forward to our new practice."

The call-in numbers for the conference call are:

1-844-602-0380 (Domestic)

+1 862-298-0970 (International)

1-877-481-4010 (Domestic Replay)

+1 919-882-2331 (International Replay)

Passcode for replay: 45425

Investors are also invited to access a live Webcast of the conference call at
the Investor Relations section of www.innodata.com
(https://pr.report/-yTYGStl) . Please note that the Webcast feature will be in
listen-only mode.

Call-in or Webcast replay will be available for 30 days following the
conference call.

About Innodata

Innodata (NASDAQ:INOD) is a global data engineering company delivering the
promise of AI to many of the world's most prestigious companies. We provide
AI-enabled software platforms and managed services for AI data annotation, AI
digital transformation, and industry-specific business processes. Our low-code
Innodata AI technology platform is at the core of our offerings. In every
relationship, we honor our 30+ year legacy delivering the highest quality data
and outstanding service to our customers. Visit www.innodata.com
(https://pr.report/VtAUCqvs)  to learn more.

Forward Looking Statements

This press release may contain forward-looking statements within the meaning
of Section 21E of the Securities Exchange Act of 1934, as amended, and Section
27A of the Securities Act of 1933, as amended. Words such as "project,"
"believe," "expect," "can," "continue," "could," "intend," "may," "should,"
"will," "anticipate," "indicate," "forecast," "predict," "likely," "goals,"
"estimate," "plan," "potential," or the negatives thereof and other similar
expressions generally identify forward-looking statements, which speak only as
of the date hereof.

These forward-looking statements are based on management's current
expectations, assumptions and estimates and are subject to a number of risks
and uncertainties, including, without limitation, the expected or potential
effects of the novel coronavirus ("COVID-19") pandemic and the responses of
governments, the general global population, our customers, and the Company
thereto; impacts resulting from the rapidly evolving conflict between Russia
and the Ukraine; that contracts may be terminated by customers; projected or
committed volumes of work may not materialize; continuing reliance on
project-based work in the Digital Data Solutions ("DDS") segment and the
primarily at-will nature of such contracts and the ability of these customers
to reduce, delay or cancel projects; the likelihood of continued development
of the markets, particularly new and emerging markets, that our services
support; continuing DDS segment revenue concentration in a limited number of
customers; potential inability to replace projects that are completed,
canceled or reduced; our dependency on content providers in our Agility
segment; difficulty in integrating and deriving synergies from acquisitions,
joint venture and strategic investments; potential undiscovered liabilities of
companies and businesses that we may acquire; potential impairment of the
carrying value of goodwill and other acquired intangible assets of companies
and businesses that we acquire; changes in our business or growth strategy,
such as our re-design of our solutions and product portfolio in 2019; a
continued downturn in or depressed market conditions, whether as a result of
the COVID-19 pandemic or otherwise; changes in external market factors; the
ability and willingness of our customers and prospective customers to execute
business plans that give rise to requirements for our services; changes in our
business or growth strategy; the emergence of new, or growth in existing
competitors; various other competitive and technological factors; the
Company's use of and reliance on information technology systems, including
potential security breaches, cyber-attacks, privacy breaches or data breaches
that result in the unauthorized disclosure of consumer, customer, employee or
Company information, or service interruptions; and other risks and
uncertainties indicated from time to time in our filings with the Securities
and Exchange Commission.

Our actual results could differ materially from the results referred to in
forward-looking statements. Factors that could cause or contribute to such
differences include, but are not limited to, uncertainty around the COVID-19
pandemic and the effects of the global response thereto and the risks
discussed in Part I, Item 1A. "Risk Factors," Part II, Item 7. "Management's
Discussion and Analysis of Financial Condition and Results of Operations," and
other parts of our Annual Report on Form 10-K, filed with the Securities and
Exchange Commission on March 24, 2022, as updated or amended by our other
filings that we may make with the Securities and Exchange Commission. In light
of these risks and uncertainties, there can be no assurance that the results
referred to in the forward-looking statements will occur, and you should not
place undue reliance on these forward-looking statements. These
forward-looking statements speak only as of the date hereof.

We undertake no obligation to update or review any guidance or other
forward-looking statements, whether as a result of new information, future
developments or otherwise, except as may be required by the Federal securities
laws.

Company Contact:

Jessie Schnurr

Innodata Inc.
JSchnurr@innodata.com (mailto:JSchnurr@innodata.com)

(201) 371-8024

SOURCE: Innodata Inc.

 

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