04:09 AM EDT, 05/09/2025 (MT Newswires) -- Innodata ( INOD ) reported Q1 income Thursday of $0.22 per diluted share, up from $0.03 a year earlier.

Analysts polled by FactSet expected $0.17.

Revenue for the quarter ended March 31 was $58.3 million, up from $26.5 million a year earlier.

Analysts surveyed by FactSet expected $57.6 million.

For 2025, the software and data engineering company reaffirmed its projected revenue growth of at least 40%.

Analysts polled by FactSet expect revenue of $241.8 million.

Shares of the company were down more than 5% in premarket activity Friday.

Price: 38.84, Change: -2.27, Percent Change: -5.52