ISG: Q4 Financial Results Overview

Information Services Group Reports Fourth-Quarter Earnings

Information Services Group Inc., based in Stamford, Connecticut, announced a net profit of $2.6 million for the fourth quarter.

The company’s earnings translated to 5 cents per share, while adjusted earnings—excluding special items—came in at 8 cents per share.

These results were in line with analysts’ expectations, as the consensus from four analysts polled by Zacks Investment Research also projected adjusted earnings of 8 cents per share.

During the quarter, the market advisory firm generated $61.2 million in revenue, slightly exceeding the $61.1 million anticipated by analysts surveyed by Zacks.

For the full year, Information Services Group reported a total profit of $9.3 million, or 19 cents per share, with annual revenue reaching $244.7 million.

Looking ahead, the company forecasts revenue between $60.5 million and $61.5 million for the first quarter ending in March.