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Innodata Stock Soars After Q1 Earnings Beat — The $51 Million AI Deal Behind the INOD Rally

NEW YORK, May 8, 2026, 10:12 (EDT) Shares of Innodata Inc (NASDAQ: INOD) shot up Friday, jumping as much as 85.7% to $84.75, after the company posted record Q1 numbers, boosted its growth forecast for the year, and announced fresh Big Tech contracts that could pull in roughly $51 million in revenue come 2026. The stock spiked to $90.13 earlier in the session. (Innodata Investor Relations) Why does this matter? Investors want to see AI vendors convert all that excitement around model-building into actual numbers—revenue, profits, cash flow. For Innodata, first-quarter revenue jumped 54% to $90.1 million. Adjusted EBITDA hit

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