ISG: Q4 Earnings Snapshot

Associated Press Finance
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STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Information Services Group Inc. (III) on Thursday reported a loss of $2.9 million in its fourth quarter.

The Stamford, Connecticut-based company said it had a loss of 6 cents per share. Earnings, adjusted for one-time gains and costs, were 6 cents per share.

The market advisory service company posted revenue of $66.2 million in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $69.2 million.

For the year, the company reported profit of $6.2 million, or 12 cents per share. Revenue was reported as $291.1 million.

For the current quarter ending in March, ISG said it expects revenue in the range of $65 million to $67 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

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