Revenue Update on Innodata Inc(NASDAQ:INOD)

Innodata Inc(NASDAQ:INOD) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Earnings per share were $-0.02.

Innodata Inc (INOD) shares turned negative on Thursdays trading session with the shares closing down -0.09 points or -3.63% at a volume of 4,321. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $2.4. The peak price level was also seen at $2.4 while the days lowest was $2.341. Finally the shares closed at $2.39. The 52-week high of the shares is $2.96 while the 52-week low is $2.11. According to the latest information available, the market cap of the company is $61 M.

Several Insider Transactions has been reported to the SEC. On May 19, 2016, Stewart R Massey (director) purchased 2,500 shares at $2.26 per share price.Also, On Sep 8, 2015, Louise C Forlenza (director) purchased 1,250 shares at $2.37 per share price.

Innodata Inc. is a digital services and solutions company. The Company operates in three segments: Content Services (CS) Innodata Advanced Data Solutions (IADS) and Media Intelligence Solutions (MIS). The Company’s Content Services segment provides solutions such as development of digital content (including e-books) development of new digital information products and operational support of existing digital information products and systems. IADS operates through two subsidiaries: Synodex LLC and docGenix LLC. Synodex LLC is engaged in the extraction and classification of data from unstructured medical records. DocGenix LLC is engaged in the extraction and classification of data from unstructured legal records. The Company’s MIS segment operates through its MediaMiser and Bulldog Reporter subsidiaries. MediaMiser provides media monitoring and analysis software and professional services. Bulldog Reporter supplies media intelligence news and analysis.

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