Innodata Inc reports results for the quarter ended March 31 - Earnings Summary

• Innodata Inc INOD.OQ reported quarterly adjusted earnings of 22 cents​​ per share for the quarter ended March 31. The mean expectation of four analysts for the quarter was for earnings of 17 cents per share. Wall Street expected results to range from 12 cents to 24 cents per share.

• Revenue was $58.34 million​; analysts expected $57.65 million.

• Innodata Inc's reported EPS for the quarter was 22 cents​.

• The company reported quarterly net income of $7.79 million.

• Innodata Inc shares had risen by 14.5% this quarter and gained 4.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 10.8% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"

• Wall Street's median 12-month price target for Innodata Inc is $73.00

This summary was machine generated from LSEG data May 9 at 11:46 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)