RCS - Innodata Inc. - Innodata to Report Third Quarter 2024 Results

InnodataAnnouncement

26/09/2024 09:30

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RNS Number : 7476F  Innodata Inc.  26 September 2024

Innodata to Report Third Quarter 2024 Results

NEW YORK, NY / ACCESSWIRE / September 26, 2024 / INNODATA INC. (Nasdaq:INOD)
today announced that it will report Third Quarter 2024 results after the
market closes on Thursday, November 7, 2024. A news release will be available
in both the News and Investor Relations sections of the Innodata website,
www.innodata.com (https://pr.report/2zki) .

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

"We're very much looking forward to our announcement and call on November
7th," said Jack Abuhoff, Innodata CEO.

The call-in numbers for the conference call are:

1-800-343-4136 (Domestic)

+1 203-518-9848 (International)

Participant Access Code INNODATA

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/2zkj) .
Please note that the Webcast feature will be in listen-only mode.

Call-in or Webcast replay will be made available at the Investor Relations
section of www.innodata.com (https://pr.report/2zkk) for 30 days following the
conference call.

About Innodata

Innodata (Nasdaq: INOD) is a global data engineering company. We believe that
data and AI are inextricably linked. That's why we're on a mission to help the
world's leading technology companies and enterprises drive Generative AI / AI
innovation. We provide a range of transferable solutions, platforms, and
services for Generative AI / AI builders and adopters. In every relationship,
we honor our 35+ year legacy delivering the highest quality data and
outstanding outcomes for our customers. Visit www.innodata.com
(https://pr.report/2zkl) to learn more.

Forward-Looking Statements

This press release may contain certain 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. These forward-looking
statements include, without limitation, statements concerning our operations,
economic performance, financial condition, developmental program expansion and
position in the generative AI services market. Words such as "project,"
"believe," "expect," "can," "continue," "could," "intend," "may," "should,"
"will," "anticipate," "indicate," "predict," "likely," "estimate," "plan,"
"potential," "possible," "promises," or the negatives thereof, and other
similar expressions generally identify forward-looking statements.

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, impacts resulting from
ongoing geopolitical conflicts, including between Russia and Ukraine, Hamas'
attack against Israel and the ensuing conflict and increased hostilities
between Hezbollah and Israel; investments in large language models; that
contracts may be terminated by customers; projected or committed volumes of
work may not materialize; pipeline opportunities and customer discussions
which may not materialize into work or expected volumes of work; the
likelihood of continued development of the markets, particularly new and
emerging markets, that our services support; the ability and willingness of
our customers and prospective customers to execute business plans that give
rise to requirements for our services; 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; potential inability to replace projects that are
completed, canceled or reduced; our DDS segment's revenue concentration in a
limited number of customers; our dependency on content providers in our
Agility segment; the Company's ability to achieve revenue and growth targets;
difficulty in integrating and deriving synergies from acquisitions, joint
ventures 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; a continued downturn in or depressed market
conditions; changes in external market factors; the potential effects of U.S.
monetary policy, including the interest rate policies of the Federal Reserve;
changes in our business or growth strategy; the emergence of new, or growth in
existing competitors; various other competitive and technological factors; our
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 any
forward-looking statements. Factors that could cause or contribute to such
differences include, but are not limited to, 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 4, 2024, 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 U.S. federal
securities laws.

Company Contact

Marcia Novero

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

(201) 371-8015

SOURCE: Innodata Inc.

 

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