Stock Track | Innodata Soars 14.37% in Pre-Market on Record Q4 Growth, Rosy 2025 Outlook

Stock Track

02/21

Innodata Inc. (INOD) stock surged 14.37% in the pre-market session on Friday, driven by the company's impressive fourth-quarter 2024 earnings report and bullish forecast for 2025.

The data engineering and AI solutions provider reported record growth in Q4, with revenue soaring 127% year-over-year to $59.2 million, surpassing its own guidance. For the full year 2024, Innodata achieved revenue of $170.5 million, up 96% from 2023, and adjusted EBITDA skyrocketed 250% to $34.6 million.

Investors cheered Innodata's promising outlook for 2025, as the company forecasted 40% or more revenue growth for the year. Additionally, Innodata expanded its annualized run rate revenue with its largest customer to approximately $135 million, further solidifying its growth prospects. The company ended 2024 with a robust cash position of $46.9 million and an undrawn $30 million credit facility, providing ample resources to fuel its expansion.

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(INOD) stock surged 14.37% in the pre-market session on Friday, driven by the company's impressive fourth-quarter 2024 earnings report and bullish forecast for 2025.</p>\n\n<p>The data engineering and AI solutions provider reported record growth in Q4, with revenue soaring 127% year-over-year to $59.2 million, surpassing its own guidance. For the full year 2024, Innodata achieved revenue of $170.5 million, up 96% from 2023, and adjusted EBITDA skyrocketed 250% to $34.6 million.</p>\n\n<p>Investors cheered Innodata's promising outlook for 2025, as the company forecasted 40% or more revenue growth for the year. Additionally, Innodata expanded its annualized run rate revenue with its largest customer to approximately $135 million, further solidifying its growth prospects. The company ended 2024 with a robust cash position of $46.9 million and an undrawn $30 million credit facility, providing ample resources to fuel its expansion.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"INOD","symbol_name":"Innodata Inc","start_time":0,"source_url":"","article_id":"1150582881","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1150582881","pubTimestamp":1740128574,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Innodata Inc.  stock surged 14.37% in the pre-market session on Friday, driven by the company's impressive fourth-quarter 2024 earnings report and bullish forecast for 2025.The data engineering and AI solutions provider reported record growth in Q4, with revenue soaring 127% year-over-year to $59.2 million, surpassing its own guidance. 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