Innodata Inc.: Innodata Reports First Quarter 2021 Results
NEW YORK, NY / ACCESSWIRE / May 6, 2021 / INNODATA INC. (NASDAQ:INOD) today reported results for the first quarter ended March 31, 2021.
Total revenue was $16.0 million in the first quarter of 2021, a 4% increase from $15.3 million in the fourth quarter of 2020. Total revenue was $14.5 million in the first quarter of 2020.
Net income was $0.4 million in the first quarter of 2021, or $0.02 per basic share and $0.01 per diluted share, compared to a net income of $1.2 million, or $0.05 per basic share and $0.04 per diluted share, in the fourth quarter of 2020 and a net loss of $0.3 million, or $(0.01) per basic and diluted share, in the first quarter of 2020.
Innodata Reports First Quarter 2021 Results
ACCESSWIRE
06 May 2021, 22:43 GMT+10
NEW YORK, NY / ACCESSWIRE / May 6, 2021 / INNODATA INC. (NASDAQ:INOD) today reported results for the first quarter ended March 31, 2021.
Total revenue was $16.0 million in the first quarter of 2021, a 4% increase from $15.3 million in the fourth quarter of 2020. Total revenue was $14.5 million in the first quarter of 2020.
Net income was $0.4 million in the first quarter of 2021, or $0.02 per basic share and $0.01 per diluted share, compared to a net income of $1.2 million, or $0.05 per basic share and $0.04 per diluted share, in the fourth quarter of 2020 and a net loss of $0.3 million, or $(0.01) per basic and diluted share, in the first quarter of 2020.
Innodata Inc.: Innodata Announces New AI-Enabled Data Generation Offerings and Significant Win
NEW YORK, NY / ACCESSWIRE / May 5, 2021 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, today announced that it has expanded its AI data engineering capabilities to support synthetic data generation and has won its first significant new customer for synthetic data generation. Companies that are building artificial intelligence (AI) and machine learning (ML) models can utilize synthetic data when real-world data is insufficient or unavailable. For its latest win, Innodata successfully delivered a proof-of-concept for a synthetic data solution to one of the world s leading robotics process automation (RPA) companies that seeks to build and deploy high-performing, fast-to-scale AI algorithms to automate business processes.
Innodata Announces New AI-Enabled Data Generation Offerings and Significant Win
ACCESSWIRE
05 May 2021, 23:05 GMT+10
NEW YORK, NY / ACCESSWIRE / May 5, 2021 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, today announced that it has expanded its AI data engineering capabilities to support synthetic data generation and has won its first significant new customer for synthetic data generation. Companies that are building artificial intelligence (AI) and machine learning (ML) models can utilize synthetic data when real-world data is insufficient or unavailable. For its latest win, Innodata successfully delivered a proof-of-concept for a synthetic data solution to one of the world s leading robotics process automation (RPA) companies that seeks to build and deploy high-performing, fast-to-scale AI algorithms to automate business processes.
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