secwatch.observer — SEC 8-K summary
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Issuer:     Information Services Group Inc. (III)
CIK:        0001371489
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0001558370-24-010862
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ISG Q2 revenue down 14% to $64.3M; adj. EPS $0.08; guides Q3 $64-66M
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- Q2 revenue $64.3M (-14% YoY); net income $2.0M ($0.04 GAAP EPS) vs $2.3M ($0.05) a year ago.
- Adjusted EPS $0.08; adjusted EBITDA $7.0M, up >60% sequentially; margin up 400 bps QoQ.
- Americas revenue $40.0M (-5%), Europe $18.8M (-23%), Asia Pacific $5.5M (-31%).
- Declared Q3 dividend $0.045/share, payable Oct 4, 2024, record Sep 6, 2024.
- Guides Q3 revenue $64-66M, adj. EBITDA $7-8M; Tango platform contract value exceeds $4B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1371489/000155837024010862/0001558370-24-010862-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1371489/000155837024010862/iii-20240805x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-010862

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