Movers and SHAKERS
Information Services (III)
Will Back Half of Year Be Better Than First Half?
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, Research Analyst, Noble Capital Markets, Inc.
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- 2Q19 Results. ISG reported second quarter revenue of $67.3 million, adjusted EPS of $0.07, and adjusted EBITDA of $8.1 million. We forecast revenue of $68 million, adjusted EPS of $0.07, and adjusted EBITDA of $7.3 million.
- Public Sector Rebound. The second quarter saw the long awaited rebound in the second quarter with ISG adding a record high $13 million of multi-year public service contracts across its markets. We are...
This Company Sponsored 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.