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Information Services Group (III)
NASDAQ:III
Earnings Data
Report Date
May 12, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.02Last Year’s EPS
-0.07Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 06, 2025
|% Change Since: 30.72%
|Next Earnings Date:May 12, 2025
Earnings Call Sentiment|Positive
ISG reported strong financial performance in Q4 with improvements in EBITDA and profitability, supported by a successful strategic repositioning towards AI-centered services. While the company faced revenue declines in Europe and Asia Pacific, the positive outlook for the U.S. market and strategic moves such as the sale of its automation unit provided a strong foundation for future growth.Company Guidance
During the Information Services Group's fourth quarter 2024 conference call, the company reported significant financial and operational achievements. ISG successfully sold its automation unit for over $20 million, enhancing its balance sheet and reducing debt by $7 million in the quarter, totaling a 25% debt reduction for the year. The firm generated revenues of $58 million, with adjusted EBITDA of $6.5 million, improving EBITDA margins by more than 200 basis points year-over-year. The Americas region saw a 6% revenue increase, excluding the automation unit, while recurring revenues comprised 45% of firm-wide revenues. ISG's strategic shift focuses on AI-centered services, with the company serving over 100 clients with AI-focused research and advisory services in the past year. They foresee growth in AI-related activities as enterprises adopt AI more broadly, and they anticipate first-quarter revenues between $58 million and $59 million, with adjusted EBITDA between $6.5 million and $7.5 million, reflecting a 45% increase from the previous year.Strong Fourth Quarter Financial Performance
ISG achieved fourth-quarter revenues of $58 million and adjusted EBITDA of $6.5 million, improving EBITDA margins by more than 200 basis points from a year ago. The company also improved its profitability with adjusted EBITDA up 11%.
Successful Sale of Automation Unit
ISG sold its automation unit for more than $20 million in cash, significantly improving its balance sheet and allowing for a $7 million debt reduction in the quarter.
Increase in Utilization and Cash Flow
Consulting utilization increased to 72% from 65% year-over-year. The company generated strong cash flow from operations, with $6.6 million in Q4 and over $15 million in cash in the last two quarters.
AI-Centered Strategic Repositioning
ISG repositioned as a global AI-centered technology research and advisory firm, reflecting its investments in AI, which have become central to its operations and client engagements.
Positive Market Trends and Outlook
ISG sees a resurgence in cloud transformation and market hesitation lifting, with positive signs of increasing demand for technology services, particularly in the U.S.
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III Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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III Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 06, 2025 | $3.06 | $3.26 | +6.54% |
| Nov 07, 2024 | $3.25 | $3.27 | +0.62% |
| Aug 05, 2024 | $3.04 | $3.05 | +0.33% |
| May 09, 2024 | $3.13 | $2.84 | -9.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Information Services Group (III) report earnings?
Information Services Group (III) is schdueled to report earning on May 12, 2025, TBA Not Confirmed.
What is Information Services Group (III) earnings time?
Information Services Group (III) earnings time is at May 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is III EPS forecast?
III EPS forecast for the fiscal quarter 2025 (Q1) is 0.02.
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