Innodata (INOD) stock plummeted 9.41% during intraday trading on Friday, extending significant losses from the pre-market session.
The sharp decline followed the company's fourth-quarter earnings report, which showed diluted earnings per share of $0.25, missing the consensus estimate of $0.26. Despite posting Q4 revenue of $72.4 million that exceeded analyst expectations of $69.47 million, investors focused on the profitability shortfall, leading to substantial selling pressure.
The selling began in after-hours trading on Thursday and continued into the pre-market session on Friday. While Innodata provided optimistic forward guidance anticipating approximately 35% or greater revenue growth in 2026, this positive outlook was overshadowed by the immediate reaction to the quarterly earnings miss.
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