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Innodata(INOD) - 2024 Q2 - Quarterly Results
INODInnodata(INOD)2024-08-08 20:28

Exhibit 99.1 Innodata Reports Second Quarter 2024 Results; Record 66% Revenue Growth YearOver-Year NEW YORK – August 8, 2024 – INNODATA INC. (Nasdaq: INOD) today reported results for the second quarter ended June 30, 2024. · Revenue of $32.6 million, an increase of 66% year-over-year. · Earnings per basic and diluted share of $0.00, which includes the impact of recruitment costs of $3.6 million, compared to a net loss of $(0.8) million, or $(0.03) per basic and diluted share, in the same period last year. · ...