VioletaStoimenova Introduction Information Services Group (NASDAQ:III) posted a softer first quarter for what I believe represents more transient macro issues. In other words, as noted last time I still think III is positioned to grow from various initiatives and from the shifting mix to recurring revenue, all of which should be further boosted by operating leverage. With their share price down low-single-digit percent from the Q1 earnings release, I think today's price offers attractive forward returns ass ...

VANCOUVER, British Columbia, May 21, 2024 (GLOBE NEWSWIRE) -- Imperial Metals Corporation ("Imperial" or the "Company") (TSX:III) reports diamond drill results from three more holes of the Mount Polley 2024 exploration program, including a notable interval of 257.5 metres grading 0.71% copper and 0.39 g/t gold from 35.0 metres in diamond drill hole SD-24-180. This phase of drilling is ongoing and is following up on the significant results obtained in the 2023 drill programs. Hole SD-24-180 was a vertical ho ...

Have you looked into how Information Services Group (III) performed internationally during the quarter ending March 2024? Considering the widespread global presence of this market advisory service company, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth. In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial health and traj ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Address of principal executive offices and zip code) (203) 517-3100 (Registrant's telephone number, including area code) For the transition period from to Commission File Number: 001-33287 INFORMATIO ...

Information Services Group (III) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -83.33%. A quarter ago, it was expected that this market advisory service company would post earnings of $0.10 per share when it actually produced earnings of $0.06, delivering a surprise of -40%.Over the ...

Press Contact: Will Thoretz +1 203 517 3119 will.thoretz@isg-one.com Exhibit 99.1 Investor Contact: Michael Sherrick +203 517 3104 michael.sherrick@isg-one.com Information Services Group Announces First-Quarter 2024 Results STAMFORD, Conn., May 9, 2024 ― Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, today announced its financial results for the first quarter ended March 31, 2024. "As anticipated, we saw market uncertainty impact the broader global te ...

ISG cites GEP's continuing innovation with AI, low-code/no-code and sustainability tools Comes on the heels of also being recognized as leader in recently announced ISG study of procurement services Cements GEP as the ideal global partner for transforming procurement, supply chain and business operations CLARK, N.J., April 17, 2024 /PRNewswire/ -- GEP®, a leading provider of procurement and supply chain strategy, software and managed services to Fortune 500 and Global 2000 enterprises worldwide, announced ...

ISG cites GEP CONSULTING and GEP SERVICES for their ability to address complex categories in sourcing and spend management, and continued success in global engagements Cements GEP as the ideal global partner for transforming procurement, supply chain and business operations CLARK, N.J., April 16, 2024 /PRNewswire/ -- GEP®, a leading provider of AI-powered procurement and supply chain software, strategy, and managed services to Fortune 500 and Global 2000 enterprises worldwide, announced today that it has b ...

Revenue Performance - Record revenues of $291 million in 2023, representing a 2% increase year-over-year[170] - Recurring revenues reached $125 million, up 16% from the previous year, now accounting for 43% of total revenue[171] - Americas revenue increased by 6% to $177.1 million, while Europe and Asia Pacific revenues decreased by 3% and 10%, respectively[182] - The company aims to reach $150 million in recurring revenues by the end of 2025[171] Expenses and Costs - Total operating expenses rose by 8% to $276.4 million, driven by higher bad debt expense, license fees, and contract labor costs[183] - Interest expense increased from $3.2 million in 2022 to $6.2 million in 2023 due to rising interest rates[169] - Total other expense, net increased by $3.1 million to $(5.851) million in 2023, primarily due to higher interest expense and the write-off of deferred financing costs[191] - The company's effective tax rate for 2023 was 29.8%, up from 26.1% in 2022, driven by higher tax rates in foreign jurisdictions and non-deductible expenses in the U.S.[192] EBITDA and Net Income - Adjusted EBITDA for 2023 was $38 million, a decrease from the prior year[172] - Adjusted EBITDA for 2023 was $37.677 million, compared to $43.256 million in 2022 and $38.812 million in 2021[197] - Adjusted net income for 2023 was $20.076 million, down from $26.908 million in 2022 and $22.882 million in 2021[197] Cash Flow and Liquidity - Net cash provided by operating activities in 2023 was $12.272 million, compared to $11.146 million in 2022 and $41.942 million in 2011[201] - The company's cash, cash equivalents, and restricted cash decreased by $7.9 million to $22.8 million as of December 31, 2023[201] - The company repaid $84.2 million of outstanding debt and paid $8.7 million in cash dividends to shareholders in 2023[202] - The company anticipates that its current cash and ongoing cash flows from operations will be adequate to meet its working capital, capital expenditure, and debt financing needs for at least the next twelve months[206] Debt and Financing - The company amended its senior secured credit facility in 2023, increasing the revolving commitments from $54.0 million to $140.0 million[205] - The company's outstanding borrowings as of December 31, 2023, were $79.2 million, with a fair value of $79.8 million[205] - The company's debt to adjusted EBITDA ratio was 3.25, and it was in compliance with financial covenants under the 2023 Credit Agreement as of December 31, 2023[210] - The company had $79.2 million in total debt principal outstanding as of December 31, 2023, with all debt based on a floating base rate (SOFR)[227] - A 100 basis point change in interest rates would result in an annual change in the company's pre-tax results of operations by $0.8 million[226] - The company's debt to EBITDA ratio was 2.4 times as of December 31, 2023[228] Investments and Acquisitions - The company invested in training over 1,200 employees in AI technology during Q4 2023[172] - Acquisition of Ventana Research added over 40 new clients and nearly two dozen research professionals, enhancing ISG's recurring revenue streams[174] - ISG Tango™ platform launched to capture unadvised transaction activity and target the middle market, which spends $130 billion annually on technology and business services[179] Employee Benefits and Contributions - The company contributed $0.0 million to its 401(k) plan in 2023, compared to $2.1 million in 2022[211] Revenue Recognition Policies - The company's revenue recognition policy involves five steps: identifying the contract, performance obligations, transaction price, allocation, and recognition[214] - Revenue for fixed-fee contracts is recognized proportionally over the term of the contract based on labor hours incurred[217] - Revenue for managed service implementation contracts is recognized over time as a percentage of hours incurred[219] Foreign Currency and Risk Exposure - The impact of foreign currency translation on the company's Statement of Stockholders' Equity was $0.7 million in 2023[231] - The company's exposure to foreign currency risk includes the Euro, British Pound, and Australian dollar, with significant revenues derived from sales outside the United States[229]

Exhibit 99.1 Press Contact: Will Thoretz +1 203 517 3119 will.thoretz@isg-one.com Investor Contact: Michael Sherrick +203 517 3104 michael.sherrick@isg-one.com Information Services Group Announces Fourth-Quarter and Full-Year 2023 Results STAMFORD, Conn., March 7, 2024 ― Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, today announced financial results for the fourth quarter and full year ended December 31, 2023. Commenting on the firm's profitability, ...