ISG: Q3 Earnings Snapshot
By AP News
Published - Nov 07, 2024, 06:42 PM ET
Last Updated - Dec 16, 2024, 05:34 PM EST
STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Information Services Group Inc. (III) on Thursday reported third-quarter net income of $1.1 million.
The Stamford, Connecticut-based company said it had profit of 2 cents per share. Earnings, adjusted for one-time gains and costs, came to 5 cents per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The market advisory service company posted revenue of $61.3 million in the period, which also did not meet Street forecasts. Four analysts surveyed by Zacks expected $61.6 million.
