earnings
confidence high
sentiment positive
materiality 0.75
ISG Q3 revenue $68.8M (-3%), net income $5.6M (+26%); acquires Change 4 Growth; Q4 guide record FY
Information Services Group Inc.
2022-Q3 EPS reported
$0.30
revenue$212,100,000
- GAAP revenue $68.8M, down 3% YoY with $4M FX headwind; constant currency +2%.
- Net income $5.6M (+26% YoY); GAAP EPS $0.11, adjusted EPS $0.14; adj. EBITDA $11M (record 16% margin).
- Acquired Change 4 Growth, a bolt-on strengthening enterprise change management capabilities; no deal value disclosed.
- Q4 guidance: revenue $70-72M, adj. EBITDA $10-11M; expects record full-year revenue and EBITDA.
- Declared Q4 dividend $0.04/share payable Dec 19 to Dec 5 record holders; returned $7M to shareholders in Q3.