Innodata Q2 EPS $(0.03) Up From $(0.14) YoY, Sales $19.66M Down From $19.99M YoY
Portfolio Pulse from bharat@benzinga.com
Innodata (NASDAQ:INOD) reported Q2 losses of $(0.03) per share, a 78.57% increase from $(0.14) per share YoY. Sales were reported at $19.66M, a 1.66% decrease from $19.99M YoY.
August 10, 2023 | 8:31 pm
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NEUTRAL IMPACT
Innodata's Q2 earnings show a decrease in losses and a slight decrease in sales YoY.
Innodata's Q2 earnings report shows a significant decrease in losses per share, which is a positive sign. However, the slight decrease in sales could be a concern for investors. The overall impact on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100