Innodata stock rises after strong Q3, new federal unit
Innodata shares looked set to end a six-day losing streak after reporting better-than-expected Q3 results and unveiling a new federal business unit. The company posted $62.6 million in revenue, up 20% year-over-year, and EPS of $0.26, beating estimates. Retail interest surged, with Stocktwits messages on the stock jumping 203% in 24 hours.