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Innodata Inc (INOD) Q1 Earnings and Revenues Beat Estimates
Innodata Inc (INOD) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.22 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +229.41%. A quarter ago, it was expected that this company would post earnings of $0.21 per share when it actually produced earnings of $0.25, delivering a surprise of +19.05%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Innodata Inc, which belongs to the Zacks Engineering – R and D Services industry, posted revenues of $90.1 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 17.82%. This compares to year-ago revenues of $58.34 million. The company has topped consensus revenue estimates four times over the last four quarters.
Why Is Innodata Stock Skyrocketing Friday? – Innodata (NASDAQ:INOD)
Revenue rose 54% year over year to $90.096 million, beating analyst estimates of $76.469 million. Adjusted earnings came in at 42 cents per share, above consensus expectations of 17 cents.
Adjusted gross profit increased to $42.6 million, with margin expanding to 47%. Adjusted EBITDA climbed to $25 million from $12.7 million a year earlier.
The company ended the quarter with $117.4 million in cash, cash equivalents and short-term investments as of March 31, 2026.
Beginning in the first quarter, Innodata will report results as a single operating segment. Previously, the company disclosed results across its DDS, Agility and Synodex divisions.
CEO Jack Abuhoff said the company is increasing its full-year 2026 revenue growth forecast to "approximately 40% or more year-over-year," up from prior guidance of approximately 35% or more issued 10 weeks ago.
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