Information Services Group (III) Tops Q1 EPS by 4c, Revenues Beat

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Go back to Information Services Group (III) Tops Q1 EPS by 4c, Revenues Beat

Information Services Group Announces First-Quarter 2021 Results

May 10, 2021 4:15 PM EDT

Reports first-quarter GAAP revenues of $67 million, exceeding guidance; fee revenues, excluding impact of reimbursable T&E, up 7% to new record Reports record first-quarter net income of $3 million, record GAAP EPS of $0.07 and adjusted EPS of $0.10 Reports record first-quarter adjusted EBITDA of $9 million, up 2.4x versus prior year, exceeding guidance Delivers record first-quarter cash flow from operating activities of $12 million Achieves quarter-end cash balance of $49 million, up 2.8x from prior year; reduces debt balance 11 percent from prior year, to $78 million Signs largest-ever ISG Automation engagement for more than... More