Movers and SHAKERS
Information Services Group Inc. (III)
Mixed Third Quarter Results, But Record Adjusted EBITDA and Strong Cash Generation
Information Services Group (ISG) (III) is a leading technology insights, market intelligence and advisory services company, serving more than 500 clients around the world to help them achieve operational excellence. ISG supports private and public sector organizations to transform and optimize their operational environments through research, benchmarking, consulting and managed services, with a focus on information technology, business process transformation, program management services and enterprise resource planning.
Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to full report for price target, fundamental analysis and rating.
- 3Q19 Results. ISG reported third quarter revenue of $68.1 million, adjusted EPS of $0.09, and record adjusted EBITDA of $10.3 million. We had forecast revenue of $72 million, adjusted EPS of $0.08, and adjusted EBITDA of $10.2 million. Consensus was $71.1 million of revenue and EPS of $0.07.
- Highlights. Americas region has its strongest quarterly revenue growth since 2017, highest quarterly adjusted EBITDA ever, and...
This Company Sponored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.