ISG: Q3 Earnings Snapshot
STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Information Services Group Inc. (III) on Thursday reported third-quarter profit of $3.2 million.
STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Information Services Group Inc. (III) on Thursday reported third-quarter profit of $3.2 million.
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The Stamford, Connecticut-based company said it had net income of 6 cents per share. Earnings, adjusted for one-time gains and costs, were 11 cents per share.
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The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 11 cents per share.
The market advisory service company posted revenue of $71.8 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $74.2 million.
For the current quarter ending in December, ISG said it expects revenue in the range of $68 million to $71 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on III at https://www.zacks.com/ap/III