Innodata(INOD) - 2024 Q1 - Quarterly Results
INODInnodata(INOD)2024-05-08 04:39

Exhibit 99.1 Innodata Reports Record First Quarter 2024 Results; Raises Guidance to at Least 40% Organic Revenue Growth in 2024 NEW YORK – May 7, 2024 – INNODATA INC. (Nasdaq: INOD) today reported results for the first quarter ended March 31, 2024. · Revenue was 26.5million,up4126.5 million, up 41% from 18.8 million in the same period last year. · Net income was 1.0million,or1.0 million, or 0.03 per basic and diluted share, compared to a net loss of (2.1)million,or(2.1) million, or (0.08) per basic and diluted share, in the same period last yea ...