Innodata Inc. (INOD) Set to Announce Quarterly Earnings on Monday
Innodata (NASDAQ:INOD) last released its quarterly earnings data on Thursday, August 3rd. The technology company reported ($0.01) EPS for the quarter. The business had revenue of $15.30 million during the quarter. Innodata had a negative return on equity of 11.99% and a negative net margin of 9.11%. On average, analysts expect Innodata to post $-0.070 EPS for the current fiscal year and $-0.050 EPS for the next fiscal year.
Innodata Inc. (NASDAQ INOD) traded up 2.04% during trading on Monday, reaching $1.25. 15,415 shares of the company’s stock were exchanged. Innodata Inc. has a 52-week low of $1.20 and a 52-week high of $2.59. The company’s market capitalization is $32.35 million. The stock’s 50-day moving average price is $1.42 and its 200-day moving average price is $1.63.
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An institutional investor recently raised its position in Innodata stock. Northern Trust Corp raised its holdings in shares of Innodata Inc. (NASDAQ:INOD) by 3.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 62,309 shares of the technology company’s stock after buying an additional 1,800 shares during the quarter. Northern Trust Corp owned about 0.24% of Innodata worth $109,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 19.90% of the company’s stock.
Innodata Company Profile
Innodata Inc is a digital services and solutions company. The Company’s technology and services power information products and online retail destinations around the world. Its segments include Content Services (CS), Innodata Advanced Data Solutions (IADS) and Media Intelligence Solutions (MIS). The CS segment provides solutions, such as development of digital content (including e-books), development of digital information products, and operational support of digital information products and systems.
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