Innodata Q2 Sales $32.553M Beat $27.593M Estimate
Portfolio Pulse from Benzinga Newsdesk
Innodata (NASDAQ:INOD) reported Q2 sales of $32.553 million, surpassing the analyst consensus estimate of $27.593 million by 17.97%. This marks a 65.62% increase over the same period last year.
August 08, 2024 | 8:46 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Innodata reported Q2 sales of $32.553 million, beating estimates by 17.97% and showing a 65.62% YoY increase.
The significant beat on sales estimates and substantial year-over-year growth are likely to positively impact Innodata's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100