This Under-The-Radar AI Stock Just Delivered A Jaw-Dropping Quarter
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Innodata Inc. (NASDAQ:INOD) shares surged 43% in premarket trading after reporting Q1 earnings that exceeded estimates, driven by strong demand for AI data engineering. Revenue rose 54% year-over-year to $90.1 million, with adjusted earnings at 42 cents per share. The company raised its 2026 revenue forecast to approximately 40% growth, expecting $352.38 million, above analyst estimates. CEO Jack Abuhoff announced new engagements with a major Big Tech customer, projected to generate $51 million this year, contributing to a 453% revenue increase from other Big Tech clients.
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