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Innodata (NASDAQ:INOD) Posts Earnings Results, Beats Expectations By $0.20 EPS
['Mitch Edgeman']
Markets Daily
The technology company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.20, FiscalAI reports.
Innodata Stock Down 4.8%NASDAQ:INOD opened at $62.33 on Friday.
Innodata News SummaryPositive Sentiment: Innodata delivered record Q2 results, with revenue of $92.14 million, up 57.8% year over year and above the $86.31 million consensus estimate.
Also, COO Ashok Mishra sold 242,901 shares of Innodata stock in a transaction on Tuesday, May 12th.
State Street Corp now owns 711,180 shares of the technology company’s stock worth $36,235,000 after acquiring an additional 19,484 shares during the period.