ISG: Q4 Earnings Snapshot

Associated Press Finance
07 Mar

STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Information Services Group Inc. (III) on Thursday reported fourth-quarter profit of $3 million.

On a per-share basis, the Stamford, Connecticut-based company said it had profit of 6 cents.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.

The market advisory service company posted revenue of $57.8 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $57.6 million.

For the current quarter ending in March, ISG said it expects revenue in the range of $58 million to $59 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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