ISG reported third-quarter operating income of $7.3 million, more than double its operating income of $3.0 million in the third quarter of 2020. Reported revenues were a record $42.8 million in the Americas, up 22 percent versus the prior year $20.1 million in Europe, down 4 percent versus the prior year on a reported basis and down 5 percent in constant currency, and a record $8.1 million in Asia Pacific, up 42 percent versus the prior year on a reported basis and up 38 percent in constant currency. Currency translation positively impacted reported revenues by $0.7 million versus the prior year. Reported revenues for the third quarter were a record $71.1 million, up 15 percent versus last year (up 14 percent in constant currency). We are seeing a strong shift to cloud-based platforms and all things digital as our clients address the requirements of remote working, engaging with customers, improving resiliency and enhancing the quality of business overall,' he said. 'Enterprises of all types are accelerating their technology investments coming out of the pandemic.

Our ISG NEXT operating model continues to resonate in this robust demand environment-driving greater account expansion opportunities and increasing profitability, margins and operating cash flow.'Ĭonnors said ISG sees market momentum continuing into 2022. 'We achieved double-digit revenue and adjusted EBITDA growth in Q3, highlighted by our 22 percent revenue growth in the Americas. 'ISG delivered another outstanding financial performance in Q3, building on the firm’s momentum in the first half,' said Michael P. STAMFORD, Conn., November 04, 2021-( BUSINESS WIRE)-Information Services Group ( ISG) (Nasdaq: III), a leading global technology research and advisory firm, today announced financial results for the third quarter ended September 30, 2021. Sets fourth-quarter 2021 guidance: revenues between $67 million and $69 million and adjusted EBITDA of between $9 million and $10 million Reports third-quarter adjusted EBITDA of $10 million, up 24 percent versus prior year, exceeding guidanceĪchieves quarter-end cash balance of $55 million, up 43 percent from prior yearĭeclares fourth-quarter dividend of $0.03 per share, payable December 17 to record holders as of December 3 Reports third-quarter net income of $4 million, GAAP EPS of $0.09 and adjusted EPS of $0.12

Reports record third-quarter GAAP revenues of $71 million, up 15% from prior year, exceeding guidance

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