Innodata to Report Third Quarter 2016 Results
October 27 2016 - 8:30AM
NEW YORK -
October 27, 2016 - INNODATA INC. (NASDAQ: INOD) today
announced that it will report third quarter 2016 results before the
market opens on Tuesday, November 1, 2016. A news release will be
available in both the News and Investor Relations sections of the
Innodata website, www.innodata.com.
Innodata has scheduled an investor conference call
for 11:00 AM eastern time on that same day.
The call-in numbers for the conference call
are:
1-800-894-5910 (Domestic)
1-785-424-1052 (International)
1-888-203-1112 (Domestic Replay)
1-719-457-0820 (International Replay)
Pass code on both: 6808319
Investors are also invited to
access a live Webcast of the conference call at the Investor
Relations section of www.innodata.com. Please note that the
Webcast feature will be in listen-only mode.
Call-in or Webcast replay will be available for 30
days following the conference call.
About Innodata
Innodata (NASDAQ: INOD) is a global digital services and
solutions company. Innodata's technology and services
power leading information products and online retail
destinations around the world. Innodata's solutions help
prestigious enterprises harness the power of digital data to
re-imagine how they operate and drive performance. Innodata serves
publishers, media and information companies, digital retailers,
banks, insurance companies, government agencies and many other
industries.
Founded in 1988, Innodata
comprises a team of 5,000 diverse people in 8 countries who are
dedicated to delivering services and solutions that help the
world's businesses make better decisions.
Recent Innodata honors include
EContent Magazine's EContent 100, KMWorld Magazine's 100 Companies
That Matter in Knowledge Management, the International Association
of Outsourcing Professionals' (IAOP) Global Outsourcing Top 100,
D&B India's Leading ITeS and BPO Companies and the Black Book
of Outsourcing's Top List of Leading Outsourcing Providers to the
Printing and Publishing Business.
Forward Looking Statement
This release contains
forward-looking statements that are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. The words "project," "head start," "believe," "expect,"
"should," "anticipate," "indicate," "point to," "forecast,"
"likely," "goals," "optimistic," "foster" and other similar
expressions generally identify forward-looking statements, which
speak only as of their dates.
These forward-looking statements
are based largely on our current expectations and are subject to a
number of risks and uncertainties, including without limitation,
that contracts may be terminated by clients; projected or committed
volumes of work may not materialize; our Innodata Advanced Data
Solutions ("IADS") segment is a venture formed in 2011 that has
incurred losses since inception and has recorded impairment charges
for all of its fixed assets; we currently intend to continue to
invest in IADS; the primarily at-will nature of contracts with our
Digital Data Solutions clients and the ability of these clients to
reduce, delay or cancel projects; continuing Digital Data Solutions
segment revenue concentration in a limited number of clients;
continuing Digital Data Solutions segment reliance on project-based
work; inability to replace projects that are completed, canceled or
reduced; difficulty in integrating and deriving synergies from
acquisitions, joint venture and strategic investments; potential
undiscovered liabilities of companies that we may acquire;
depressed market conditions; changes in external market factors;
the ability and willingness of our clients and prospective clients
to execute business plans which give rise to requirements for our
services; changes in our business or growth strategy; the emergence
of new or growing competitors; various other competitive and
technological factors; and other risks and uncertainties indicated
from time to time in our filings with the Securities and Exchange
Commission.
Our actual results could differ
materially from the results referred to in the forward-looking
statements. In light of these risks and uncertainties, there can be
no assurance that the results referred to in the forward-looking
statements will occur.
We undertake no obligation to update or review any
guidance or other forward-looking information, whether as a result
of new information, future developments or otherwise.
Company Contact
Raj Jain
Vice President
Innodata Inc.
rjain@innodata.com
(201) 371-8024
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Innodata Inc. via Globenewswire
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