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Reports third-quarter GAAP revenues of $61 million Reports third-quarter net income of $1.1 million, GAAP EPS of $0.02 and adjusted EPS of $0.05 Reports third-quarter adjusted EBITDA of $7 million Reports strong cash flow from operations of $8.8 million Sells its automation unit on October 1, 2024, for $27 million in cash, with $7 million held in escrow Declares fourth-quarter dividend of $0.045 per share, payable December 20, 2024, to shareholders of record as of December 3, 2024 Sets fourth-quarter guidance: revenues between $57 million and $58 million and adjusted EBITDA between $6.0 and $7.0 million Information Services Group (ISG) (Nasdaq: III), a leading global technolo
Information Services Group (ISG) (NASDAQ:III), a leading global technology research and advisory firm, said today it will release its third-quarter financial results on Thursday, November 7, 2024, at approximately 4:15 p.m., U.S. Eastern Time. The firm will host a conference call with investors and industry analysts at 9 a.m., U.S. Eastern Time, the following day, Friday, November 8. Dial-in details are as follows: The dial-in number for U.S. participants is +1 (800) 715-9871. International participants should call +1 (646) 307-1963. The security code to access the call is 8229408. Participants are requested to dial in at least five minutes before the scheduled start time. A recor
Strategic move strengthens UST's presence in the dynamic intelligent automation market while laying the foundation for further growth amidst new demand ALISO VIEJO, Calif., Oct. 2, 2024 /PRNewswire/ -- UST, a leading digital transformation solutions company, has acquired the automation unit of Information Services Group (ISG), strengthening its position in the intelligent automation space and positioning the company for future growth in a dynamic market. The acquired unit is a leading provider of intelligent automation solutions, utilizing artificial intelligence (AI), robotic process automation (RPA), and automation technologies to help clients across a range of industries optimize their bu
4 - Information Services Group Inc. (0001371489) (Issuer)
4 - Information Services Group Inc. (0001371489) (Issuer)
4 - Information Services Group Inc. (0001371489) (Issuer)
Combined market ACV up 20% in Q4, driven by 33% growth in cloud services Managed services growth slows to less than 3% Combined market ACV hits record $104 billion for the full year ISG forecasts 18% growth for XaaS, 4.5% growth for managed services in 2025 Global spending on IT and business services rose by double-digits in the fourth quarter, fueled by a sharp increase in cloud demand driven by AI, according to the latest state-of-the industry report from Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. Data from the ISG Index™, which measures commercial outsourcing contracts with annual contract value (ACV) of $5 million or
New ISG research predicts more than half of enterprises will embrace DataOps by 2026 The expanding use of AI is driving enterprise interest in data operations (DataOps) to orchestrate data integration and processing and improve data quality and validity, a new research report from leading global technology research and advisory firm Information Services Group (ISG) (Nasdaq: III) says. DataOps is the use of agile development, DevOps and lean manufacturing techniques by data engineering professionals to support data production. The ISG Buyers Guides for DataOps, produced by ISG Software Research, predict more than half of enterprises will adopt agile and collaborative DataOps practices by
New, AI-enabled tools and approaches spark aggressive investments to improve insights and decision-making, ISG Provider Lens™ report says Enterprises in the U.S. are making major investments in analytics and AI to fully realize their data's potential, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. The 2024 ISG Provider Lens™ Advanced Analytics and AI Services report for the U.S. finds that AI is turning analytics into a more powerful tool for data science and an enabler of business transformation. U.S. enterprise investments in AI, along with cloud technologies and more flexibl
SC 13G/A - Information Services Group Inc. (0001371489) (Subject)
SC 13G/A - Information Services Group Inc. (0001371489) (Subject)
SC 13G/A - Information Services Group Inc. (0001371489) (Subject)
Alfonso Brings Extensive Financial, Capital Markets and Global M&A Experience to ISG Information Services Group (ISG) (NASDAQ:III), a leading global technology research and advisory firm, announced today that David Berger, executive vice president and chief financial officer, will retire after nearly 12 years of service with the firm and that Humberto "Bert" Alfonso has been named to succeed him, effective June 7. Berger will remain with the firm for several months in an advisory role to assist in ongoing M&A projects and to support the transition. He joined ISG in 2009 as executive vice president and CFO and played a pivotal role in helping grow ISG through his financial stewardship of t
Barrington Research upgraded Information Services Group from Mkt Perform to Outperform and set a new price target of $7.00
8-K - Information Services Group Inc. (0001371489) (Filer)
144 - Information Services Group Inc. (0001371489) (Subject)
10-Q - Information Services Group Inc. (0001371489) (Filer)
4 - Information Services Group Inc. (0001371489) (Issuer)