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Recap: Information Services Q2 Earnings

Benzinga Insights
·1 min read

Shares of Information Services Group (NASDAQ:III) rose 3% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 14.29% over the past year to $0.06, which beat the estimate of $0.04.

Revenue of $57,394,000 decreased by 14.75% from the same period last year, which beat the estimate of $52,940,000.

Guidance

Q3 revenue expected to be between $53,000,000 and $55,000,000.

Conference Call Details

Date: Aug 10, 2020

Time: 09:00 AM

View more earnings on III

ET Webcast URL: https://isg-one.com/events-landing/upcoming-events

Technicals

Company's 52-week high was at $3.76

Company's 52-week low was at $1.61

Price action over last quarter: down 5.36%

Company Description

Information Services Group Inc is a US based technology insight, market intelligence, and advisory services firm. It principally offers digital transformation services, such as automation, cloud and data analytics, managed governance, network carrier services, technology strategy and operations design, change management; market intelligence and technology research and analysis which helps organizations to transform and optimize their operational environments. It operates in one segment, fact based sourcing advisory services and mainly in the Americas where it generates the majority of its revenues, Europe and the Asia Pacific.

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