Innodata Inc. (INOD) saw its stock price soar 15.12% in the 24-hour period leading up to Friday's pre-market session. This significant surge can be attributed to the company's recent release of its Q4 earnings report, which showcased record growth and a promising outlook for 2025.
According to the earnings release, Innodata reported revenue of $59.2 million and net income of $10.3 million for the fourth quarter. More notably, the company forecasted an impressive 40% or more revenue growth for the full year 2025, indicating strong expectations for continued expansion and profitability.
Investors have responded enthusiastically to Innodata's positive financial performance and bullish projections, leading to the substantial jump in the company's stock price. With the promising outlook for 2025, the market anticipates further growth and potential for Innodata in the coming year.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.