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Information Services Group Announces Third-Quarter 2020 Results

Nov 09, 2020 - Nasdaq
Financial Results

Reports third-quarter revenues of $61.6 million; adjusted EBITDA of $8.2 million, both exceeding guidanceReports net income of $2.1 million, up 19%; GAAP EPS of $0.04, flat; adjusted EPS of $0.10, up 11% (vs. PY)Delivers quarterly cash flow from operating activities of $10 million; generates $37 million of cash flow from operating activities over last nine monthsReports quarter-end cash balance of $38 million, up 2.7x versus prior yearSigns three ISG GovernX® client engagements worth a combined...