Information Services Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 02, 2023 at 08:15 pm
Share
Information Services Group, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 71.77 million compared to USD 68.84 million a year ago. Net income was USD 3.2 million compared to USD 5.56 million a year ago. Basic earnings per share from continuing operations was USD 0.07 compared to USD 0.12 a year ago. Diluted earnings per share from continuing operations was USD 0.06 compared to USD 0.11 a year ago.
For the nine months, sales was USD 224.87 million compared to USD 212.1 million a year ago. Net income was USD 9.03 million compared to USD 15.44 million a year ago. Basic earnings per share from continuing operations was USD 0.19 compared to USD 0.32 a year ago. Diluted earnings per share from continuing operations was USD 0.18 compared to USD 0.3 a year ago.
Information Services Group, Inc. is a global technology research and advisory firm. The Company specializes in digital transformation services, including automation, cloud, and data analytics; sourcing advisory; managed governance and risk services; network carrier services; technology strategy and operations design; change management; market intelligence and technology research and analysis. The Company supports both private and public sector organizations to transform and optimize their operational environments. It has two global client solution areas: ISG Digital, which is focused on developing technology, transformation, sourcing, and digital solutions for clients, and ISG Enterprise, which is focused on helping clients manage change and optimize operations in such areas as finance, human resources (HR) and Procure2Pay. Its emerging services include Generative AI; ISG Automation; ISG Network Select; HR Technology & Transformations, and Providers-as-a-Business.