Alert: New Earnings Report (11/2/23)-Innodata Inc (NASDAQ: INOD).


For its third fiscal quarter (ending September 30), Innodata Inc (NASDAQ: INOD) has reported E.P.S. of $0.01 compared to $-0.12 a year ago. E.P.S. were $-0.16 for the latest four quarters through September 30 versus $-0.41 for the same period a year ago.


Recent Price Action

Innodata Inc (NASDAQ: INOD) stock closed at $8.07 on 11/2/23 after a very large increase of 8.3%. The stock has risen 19.4% during the last week and has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

INOD is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

Innodata has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Innodata has a very low Appreciation Score of 1 but a very high Power Rating of 89, resulting in the Low Neutral Value Trend Rating.

Rating Review

In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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