Innodata (INOD) Projected to Post Earnings on Thursday

Innodata (NASDAQ:INOD - Get Free Report) is expected to be releasing its Q1 2025 earnings data after the market closes on Thursday, May 8th. Analysts expect Innodata to post earnings of $0.20 per share and revenue of $57.64 million for the quarter. Innodata has set its FY 2025 guidance at EPS.

Innodata (NASDAQ:INOD - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The technology company reported $0.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.11 by $0.20. Innodata had a return on equity of 66.36% and a net margin of 16.81%. The company had revenue of $59.18 million during the quarter, compared to analyst estimates of $53.01 million.

Innodata Stock Performance

Shares of NASDAQ:INOD traded down $0.10 on Tuesday, hitting $38.58. The company's stock had a trading volume of 952,487 shares, compared to its average volume of 1,325,126. Innodata has a 12 month low of $6.60 and a 12 month high of $71.00. The stock's 50-day moving average is $39.57 and its two-hundred day moving average is $39.35. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.84 and a current ratio of 1.84. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 45.39 and a beta of 2.75.

Wall Street Analysts Forecast Growth

A number of analysts have commented on INOD shares. Maxim Group boosted their price target on shares of Innodata from $54.00 to $75.00 and gave the stock a "buy" rating in a research report on Friday, February 21st. BWS Financial upped their target price on Innodata from $45.00 to $74.00 and gave the stock a "buy" rating in a research report on Friday, February 21st. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $53.00.

Insider Buying and Selling at Innodata

In other Innodata news, COO Ashok Mishra sold 48,650 shares of the business's stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $65.07, for a total transaction of $3,165,655.50. Following the sale, the chief operating officer now owns 60,000 shares in the company, valued at approximately $3,904,200. The trade was a 44.78 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Marissa B. Espineli sold 30,000 shares of the firm's stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $65.09, for a total transaction of $1,952,700.00. Following the completion of the transaction, the chief financial officer now owns 18,000 shares of the company's stock, valued at approximately $1,171,620. The trade was a 62.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 275,427 shares of company stock valued at $17,790,794. Corporate insiders own 15.23% of the company's stock.

Innodata Company Profile

Innodata Inc operates as a global data engineering company in the United States, the United Kingdom, the Netherlands, Canada, and internationally. The company operates through three segments: Digital Data Solutions (DDS), Synodex, and Agility. The DDS segment engages in the provision of artificial intelligence (AI) data preparation services; collecting or creating training data; annotating training data; and training AI algorithms for its customers, as well as AI model deployment and integration services.