Innodata shares soar after first-quarter profit and revenue rise

8 articles · Updated · MarketWatch · May 7

The stock jumped 30% to $59.78 after hours as quarterly profit rose to $14.9 million, or 42 cents a share, from $7.8 million.
Revenue increased to $90.1 million from $58.3 million, beating FactSet estimates, and the data engineering company lifted its full-year revenue growth forecast to 40% from 35%.
Chief executive Jack Abuhoff said expanding work with a leading big tech customer should generate about $51 million this year; the shares had been down nearly 14% in 2026 before Thursday's close.

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