Information Services Group, Inc.(NasdaqGM:III) dropped from Russell 2000 Index
Jun 29 15
Information Services Group, Inc. will be removed from Russell 2000 Index
Information Services Group, Inc.(NasdaqGM:III) dropped from Russell 3000 Index
Jun 29 15
Information Services Group, Inc. will be removed from Russell 3000 Index.
Information Services Group and Gravitant Announce Global Strategic Partnership to Help Enterprises Accelerate Cloud Adoption
Jun 4 15
Information Services Group announced that it has formed a global strategic partnership with Gravitant to help clients develop and implement their cloud sourcing strategies. The Gravitant partnership is the latest in a series of moves ISG has made to expand the capabilities of its Cloud Solutions practice, formally established in February. Two months ago, ISG announced a partnership with NPI to help clients understand the true cost of moving their IT infrastructure to the cloud. Last year, ISG formed a strategic partnership with Apptio, the leader in Technology Business Management software, to help clients manage the business of IT and support their entire cloud transformation journey. The combination of ISG's data, operational insights, and strategic consulting, together with Gravitant's service brokerage solutions and public cloud expertise, is designed to enable enterprise clients of all sizes to assess, design, execute and manage their next-generation IT models. Such models include multi-sourced Hybrid IT and continuous delivery approaches that combine one or more solutions from among public and private cloud providers, IT outsourcing service providers and on-premises infrastructure.
Information Services Group, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015
May 11 15
Information Services Group, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. The company reported first-quarter revenues of $50.5 million, an increase of 13% in constant currency and 5% on a reported basis, from $48.2 million in the first quarter of 2014. Currency negatively impacted reported revenues by $3.7 million versus the prior year. The company reported operating income of $2.0 million for the first quarter of 2015. This compares with operating income of $1.0 million in the first quarter of 2014. Net income attributable to the company was $853,000 compared to $63,000 a year ago. Reported fully diluted earnings per share (EPS) were $0.02 per share compared with $0.00 per share for the same period in 2014. Adjusted net income (a non-GAAP measure defined as net income plus amortization of intangible assets, non-cash stock compensation, foreign currency transaction gains/losses and non-cash impairment charges for goodwill and intangible assets, less gain on extinguishment of debt and bargain purchase gain, on a tax-adjusted basis) for the first quarter was $2.0 million, up 58%, or $0.05 per share on a diluted basis, compared with adjusted net income of $1.2 million, or $0.03 per share on a diluted basis, in the prior year's first quarter. First-quarter 2015 adjusted earnings before net income attributable to noncontrolling interest, interest, taxes, depreciation and amortization, foreign currency transaction gains/losses, non-cash stock compensation, impairment charges for goodwill and intangible assets, gain on extinguishment of debt and bargain purchase gain (adjusted EBITDA, a non-GAAP measure) was $4.6 million, an increase of 55%, in constant currency, from $3.4 million in the first quarter of 2014. Currency negatively impacted reported adjusted EBITDA by $0.5 million versus the prior year. Income before taxes was $1,851,000 compared to $506,000 a year ago. Adjusted net income was $1,973,000 or $0.05 per basic and diluted share, compared to $1,249,000 or $0.03 per basic and diluted share, a year ago. Adjusted EBITDA was $4,847,000 compared to $3,129,000 a year ago.
Information Services Group, Inc. to Report Q1, 2015 Results on May 11, 2015
May 8 15
Information Services Group, Inc. announced that they will report Q1, 2015 results at 4:30 PM, US Eastern Standard Time on May 11, 2015