secwatch.observer — SEC 8-K summary
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Issuer:     Information Services Group Inc. (III)
CIK:        0001371489
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001558370-23-017454
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1371489/000155837023017454/0001558370-23-017454-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1371489/000155837023017454/iii-20231102x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-017454

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