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

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Information Services Group Announces First-Quarter 2022 Results and Increases Dividend by 33%

May 9, 2022 4:30 PM EDT

Reports GAAP revenues of $73 million, an all-time quarterly high, exceeding guidance Reports net income of $5 million, GAAP EPS of $0.10 and adjusted EPS of $0.12, all first-quarter records Reports record adjusted EBITDA of $11 million, exceeding guidance Increases quarterly dividend by 33%, to $0.04 per share, effective with dividend payable June 17 to record holders as of June 3 Sets second-quarter 2022 guidance: revenues between $73 million and $75 million and adjusted EBITDA of between $10 million and $11 million

STAMFORD, Conn.--(BUSINESS WIRE)-- Information Services Group... More