Information Services Group (III) Tops Q3 EPS by 4c
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Information Services Group Announces Third-Quarter 2021 Results
November 4, 2021 4:20 PM EDTReports record third-quarter GAAP revenues of $71 million, up 15% from prior year, exceeding guidance Reports third-quarter net income of $4 million, GAAP EPS of $0.09 and adjusted EPS of $0.12 Reports third-quarter adjusted EBITDA of $10 million, up 24 percent versus prior year, exceeding guidance Achieves quarter-end cash balance of $55 million, up 43 percent from prior year Declares fourth-quarter dividend of $0.03 per share, payable December 17 to record holders as of December 3 Sets fourth-quarter 2021 guidance: revenues between $67 million and $69 million and adjusted EBITDA of between $9 million and $10 million
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