secwatch.observer — SEC 8-K summary
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Issuer:     Information Services Group Inc. (III)
CIK:        0001371489
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0001558370-23-008551
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ISG posts record Q1 revenue $78.5M, raises dividend 12.5%
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- Record revenue $78.5M, up 8% YoY (12% constant currency); net income $3.5M, down 29% from $4.9M.
- GAAP EPS $0.07 vs $0.10; adjusted EPS $0.12; record adjusted EBITDA $11M.
- Dividend increased 12.5% to $0.045/share, payable June 30 to holders of record June 7.
- Q2 guidance: revenue $73-75M, adjusted EBITDA $10-11M; ISG NEXT Phase II targets 200bps margin expansion.
- Americas revenue up 17%, recurring revenue up 27% YoY; Europe flat in constant currency.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1371489/000155837023008551/0001558370-23-008551-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1371489/000155837023008551/iii-20230508x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-008551

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