secwatch.observer — SEC 8-K summary
======================================

Issuer:     Information Services Group Inc. (III)
CIK:        0001371489
Form:       8-K
Filed at:   2022-08-08T23:59:59+00:00
Accession:  0001104659-22-086888
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ISG reports record Q2 net income $5M, adjusted EBITDA $11M; declares $0.04 dividend
--------------------------------------------------------------------------------

- Q2 GAAP revenue $70.7M (flat YoY, +5% constant currency); net income $5.0M (record); GAAP EPS $0.10; adjusted EPS $0.13.
- Adjusted EBITDA record $11M (15% margin, highest ever); operating income $7.1M, up 22% YoY.
- Asia Pacific revenue up 28% constant currency; Europe +11%; Americas -2% (impact of large Automation engagement).
- Recurring revenues $26M (37% of total) all-time record; first-half revenue $143M (+9% constant currency).
- Q3 dividend $0.04/share payable Sept 19; Q2 returned $9M via buybacks/dividends; Q3 guidance rev $71-73M, adj EBITDA $10-11M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1371489/000110465922086888/0001104659-22-086888-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1371489/000110465922086888/tm2222761d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-086888

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer