ISG reports record Q3 revenue of $72M, acquires Ventana Research, declares dividend

Information Services Group Inc.

2023-Q3 EPS reported $0.18 revenue$224,868,000

GAAP revenue $71.8M, up 4.3% YoY; net income $3.2M ($0.06 EPS), down 42% YoY.
Adjusted EPS $0.11, adjusted EBITDA $11M; Q3 record revenue driven by 19% recurring revenue growth.
Declares Q4 dividend $0.045/share, payable Dec 20 to holders of record Dec 5.
Acquires Ventana Research to expand ISG Research coverage into $800B software sector.
Q4 guidance: revenue $68M-$71M, adjusted EBITDA $9.0M-$10.5M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Information Services Group Inc. reported the third quarter 2023 which ended on September 30, 2023 results: revenue $71.8 million, net income $3.2 million, EPS $0.06.

Period: the third quarter 2023 which ended on September 30, 2023
Revenue: $71.8 million
Net income: $3.2 million
EPS: $0.06
Result: reported results

Exact text from the filing

Reported revenues for the third quarter were a record $71.8 million, up 4.3 percent from $68.8 million in the prior year.

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Source: SEC EDGAR

accession 0001558370-23-017454

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