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How INOD’s blowout earnings and raised guidance sparked a 35.8% jump — Market Wrap May 8
Today's AI insights from 7horns.ai: Innodata (INOD) surged 35.8% in pre-market trading following an outstanding Q1 earnings beat and raised full-year guidance. The company reported EPS of $0.42, beating estimates by 82.6%, and revenue of $90.1 million, 25% above consensus. Adjusted EBITDA exceeded expectations by 140%, while net income nearly doubled year-over-year. Management raised 2026 revenue growth guidance to 40% or more, driven by a new $51 million engagement with a major tech client, alleviating prior customer concentration concerns. Meanwhile, Datadog (DDOG) was upgraded to a Buy…
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