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Innodata Is Banking on Cloud & AI: Is It Moving Fast Enough?
ZACKS· 2025-10-24 23:20
Key Takeaways Innodata's Q2 revenues jumped 79% to $58.4M, with EBITDA tripling to $13.2M and net income at $7.2M.The company lifted its 2025 organic growth forecast to over 45% amid robust demand and a strong deal pipeline.Innodata faces mounting pressure from Palantir and C3.ai as it races to expand in AI data and cloud services.Innodata Inc. (INOD) is heavily leaning into cloud and AI services, aiming to solidify its role as a key enabler in the generative AI ecosystem. The company has been winning new p ...