Tracking The Ascendancy Of Innodata (INOD) Stock On The US Markets
Tracking The Ascendancy Of Innodata (INOD) Stock On The US Markets
In the current trading session, Innodata Inc. (NASDAQ: INOD) is witnessing a remarkable upsurge in its stock value on the US stock charts. The company has recorded a notable increase of 9.41%, with its share price climbing to $6.28 as per the latest check.
This rise in INOD shares follows the receipt of an accolade from a prominent big tech client. Innodata (INOD) has announced today that it has secured three substantial language model (LLM) development projects from one of its established "Magnificent Seven" Big Tech clients.
Innodata foresees that these new initiatives, upon full implementation, will collectively generate approximately $20 million in additional annualized run rate revenue. Before these recent awards, the customer's annualized run rate revenue stood at about $23 million.
Innodata anticipates finalizing an amendment to its agreement with this client to reflect these new projects in the coming weeks. Work has already commenced on these freshly awarded endeavors. Through this latest recognition, Innodata envisions potential avenues for further expansion in 2024.
The client consistently lauds Innodata's high-caliber, large-scale, bespoke data solutions for their LLMs, emphasizing the invaluable partnership with Innodata greatly appreciated by their AI engineering teams. Innodata caters to major tech firms by offering scalable data services for optimizing LLMs, alongside LLM evaluation services.
By the conclusion of 2023, Innodata had secured five of the Magnificent Seven as clients for its LLM services. Notably, two of these Magnificent Seven, including the aforementioned client, made significant revenue contributions in 2023. In Q4-2023, a third Magnificent Seven client also played a role in revenue growth, and Innodata continued to scale up its services for this client in Q1-2024.
In its earnings release for Q4/FY2023 on February 22, 2024, Innodata expressed optimism about revenue growth with these three clients in 2024, as well as confidence in making substantial progress with the remaining two signed Magnificent Seven clients during the same period.
In the current trading session, Innodata Inc. (NASDAQ: INOD) is witnessing a remarkable upsurge in its stock value on the US stock charts. The company has recorded a notable increase of 9.41%, with its share price climbing to $6.28 as per the latest check.
在本交易時段中，Innodata Inc.（納斯達克股票代碼：INOD）目睹了其在美國股票排行榜上的股票價值的顯著上漲。該公司的顯著增長了9.41％，根據最新的支票，其股價攀升至6.28美元。
This rise in INOD shares follows the receipt of an accolade from a prominent big tech client. Innodata (INOD) has announced today that it has secured three substantial language model (LLM) development projects from one of its established "Magnificent Seven" Big Tech clients.
INOD股價的上漲是在獲得一家知名大型科技客戶的讚譽之後發生的。Innodata（INOD）今天宣佈，它已從其知名的 “壯麗七號” 大型科技客戶那裏獲得了三個實質性語言模型（LLM）開發項目。
Innodata foresees that these new initiatives, upon full implementation, will collectively generate approximately $20 million in additional annualized run rate revenue. Before these recent awards, the customer's annualized run rate revenue stood at about $23 million.
Innodata預計，這些新舉措一旦全面實施，將共同產生約2000萬美元的額外年化運行率收入。在最近的這些獎項之前，該客戶的年化運行率收入約爲2300萬美元。
Innodata anticipates finalizing an amendment to its agreement with this client to reflect these new projects in the coming weeks. Work has already commenced on these freshly awarded endeavors. Through this latest recognition, Innodata envisions potential avenues for further expansion in 2024.
Innodata預計將在未來幾周內敲定與該客戶的協議修正案，以反映這些新項目。這些新獲獎項目的工作已經開始。通過這一最新認可，Innodata設想了2024年進一步擴張的潛在途徑。
The client consistently lauds Innodata's high-caliber, large-scale, bespoke data solutions for their LLMs, emphasizing the invaluable partnership with Innodata greatly appreciated by their AI engineering teams. Innodata caters to major tech firms by offering scalable data services for optimizing LLMs, alongside LLM evaluation services.
客戶一貫稱讚Innodata爲其LLM提供的高質量、大規模的定製數據解決方案，強調了與Innodata的寶貴合作伙伴關係，他們的AI工程團隊非常讚賞。Innodata通過提供用於優化LLM的可擴展數據服務以及LLM評估服務，迎合大型科技公司的需求。
By the conclusion of 2023, Innodata had secured five of the Magnificent Seven as clients for its LLM services. Notably, two of these Magnificent Seven, including the aforementioned client, made significant revenue contributions in 2023. In Q4-2023, a third Magnificent Seven client also played a role in revenue growth, and Innodata continued to scale up its services for this client in Q1-2024.
到2023年底，Innodata已爲其法學碩士服務爭取了五家科技七人組的客戶。值得注意的是，包括上述客戶在內的兩家科技七巨頭在2023年做出了可觀的收入貢獻。在 Q4-2023 中，第三家科技七巨頭客戶也在收入增長中發揮了作用，Innodata繼續在 Q1-2024 中擴大爲該客戶提供的服務。
In its earnings release for Q4/FY2023 on February 22, 2024, Innodata expressed optimism about revenue growth with these three clients in 2024, as well as confidence in making substantial progress with the remaining two signed Magnificent Seven clients during the same period.
在2024年2月22日發佈的2023財年第四季度業績中，Innodata對這三個客戶在2024年的收入增長表示樂觀，並有信心在同期與其餘兩名簽約的壯麗七人制客戶取得實質性進展。
譯文內容由第三人軟體翻譯。
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