NasdaqGM:INODProfessional Services
Innodata (INOD) Stock Retreats As Growth Strength Meets Valuation Doubt
Innodata shares dropped about 5% today, but the earnings story that hit the tape looks very different from the price chart. You are looking at a stock that has pulled back over the past quarter while the business reported a Q2 revenue figure of US$92.1m and delivered earnings per share above forty cents.
The emotional shock is not in the headline numbers. It sits in a market that has been paying a premium P/E for an artificial intelligence data and evaluation story and now has to digest a...