Innodata (NASDAQ:INOD) announced its earnings results on Thursday. The technology company reported ($0.03) earnings per share (EPS) for the quarter, Morningstar.com reports. Innodata had a negative return on equity of 5.57% and a negative net margin of 6.59%. The business had revenue of $14.05 million for the quarter. Innodata updated its Q4 2018 guidance to EPS.
Shares of NASDAQ INOD traded up $0.04 during midday trading on Friday, reaching $1.51. 56,438 shares of the company’s stock were exchanged, compared to its average volume of 34,089. Innodata has a 52-week low of $0.88 and a 52-week high of $1.54. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.13.
In other Innodata news, major shareholder Nauman Sabeeh Toor bought 26,107 shares of the company’s stock in a transaction dated Wednesday, September 19th. The shares were acquired at an average cost of $1.29 per share, with a total value of $33,678.03. Following the completion of the transaction, the insider now owns 338,753 shares in the company, valued at $436,991.37. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last ninety days, insiders have bought 472,001 shares of company stock worth $656,680. Corporate insiders own 13.40% of the company’s stock.
Innodata Inc, a digital services and solutions company, provides technology solutions and services worldwide. The company operates through three segments: Digital Data Solutions (DDS), Innodata Advanced Data Solutions (IADS), and Media Intelligence Solutions (MIS). The DDS segment produces and distributes e-books; develops new digital information products; and provides operational support services for existing digital information products and systems, including content aggregation, extraction, encoding, indexing and abstracting, fabrication, and distribution.
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