Information Services Group (III) Tops Q2 EPS by 5c

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Go back to Information Services Group (III) Tops Q2 EPS by 5c

Information Services Group Announces Second-Quarter 2021 Results

August 9, 2021 6:30 AM EDT

Reports strong second-quarter GAAP revenues of $71 million, up 23% from prior year, exceeding guidance Reports second-quarter net income of $4 million, GAAP EPS of $0.08 and adjusted EPS of $0.12 Reports second-quarter adjusted EBITDA of $10 million, up 32 percent versus prior year, exceeding guidance Achieves quarter-end cash balance of $44 million, up 39 percent from prior year Announces $25 million expansion of share repurchase program Declares third-quarter dividend of $0.03 per share, payable September 24 Sets third-quarter 2021 guidance: revenues between $66 million and $68 million and adjusted EBITDA of between $8 million and $9... More