Information Services Group (III) Tops Q3 EPS by 4c, Beats on Revenue; Offers Q4 Revenue Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 11/2/2026
Go back to Information Services Group (III) Tops Q3 EPS by 4c, Beats on Revenue; Offers Q4 Revenue Guidance
November 7, 2024 4:15 PM EST
Reports 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
