secwatch.observer — SEC 8-K summary
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Issuer:     Information Services Group Inc. (III)
CIK:        0001371489
Form:       8-K
Filed at:   2024-03-07T23:59:59+00:00
Accession:  0001558370-24-002734
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ISG reports Q4 loss despite record full-year revenue; launches ISG Tango platform
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- Q4 revenue $66.2M (-11% YoY); net loss $2.9M ($0.06 loss per diluted share).
- Full-year record revenue $291M (+2%); net income $6M ($0.12 EPS); adjusted EBITDA $38M.
- Q4 included $4.8M bad-debt reserve; excluding it, net income would have been $0.8M ($0.02 EPS).
- Launched ISG Tango platform for automated sourcing; Q1 guidance revenue $65M-$67M, adj. EBITDA $6M-$7M.
- Declared $0.045/share dividend payable March 29, 2024 to holders of record March 19, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1371489/000155837024002734/0001558370-24-002734-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1371489/000155837024002734/iii-20240307x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-002734

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