Information Services Group (III) Tops Q3 EPS by 4c, Beats on Revenue; Offers Q4 Revenue Guidance
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Information Services Group Announces Third-Quarter 2024 Results
November 7, 2024 4:15 PM ESTReports third-quarter GAAP revenues of $61 million Reports third-quarter net income of $1.1 million, GAAP EPS of $0.02 and adjusted EPS of $0.05 Reports third-quarter adjusted EBITDA of $7 million Reports strong cash flow from operations of $8.8 million Sells its automation unit on October 1, 2024, for $27 million in cash, with $7 million held in escrow Declares fourth-quarter dividend of $0.045 per share, payable December 20, 2024, to shareholders of record as of December 3, 2024 Sets fourth-quarter guidance: revenues between $57 million and $58 million and adjusted EBITDA between $6.0 and $7.0 million
STAMFORD, Conn.--(BUSINESS WIRE)-- Information Services Group... More
