Information Services Group, Inc. (NASDAQ:III) provider of management services, is expected to report third quarter earnings results, before market open, on Monday 9th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.05 per share from revenue of $ 53.29 million.
Looking ahead, the full year income are expected at $ 0.18 per share on the revenues of $ 228.51 million.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 53.00 million ~ $ 55.00 million
Click Here For More Historical Outlooks Of Information Services Group, Inc.
Previous Quarter Performance
Information Services Group, Inc. disclosed income for the second quarter of $ 0.06 per share, from the revenue of $ 57.39 million. The quarterly earnings dropped 14.29 percent while revenues dropped 14.76 percent compared with the same quarter last year.
Wall street analysts are predicting, III to report 2Q20 income of $ 0.04 per share from revenue of $ 52.94 million. The bottom line results beat street analysts by $ 0.02 or 50.00 percent, at the same time, top line results outshined analysts by $ 4.45 million or 8.41 percent.
Stock Performance
On Friday, shares of Information Services Group, Inc. has traded high as $ 2.49 and has cracked $ 2.20 on the downward trend, reaching $ 2.41 with volume of 114.50 thousand shares.
According to the previous trading day, closing price of $ 2.41, representing a 44.72 % increase from the 52 week low of $ 1.61 and a 38.03 % decrease over the 52 week high of $ 3.76.
The company has a market capital of $ 115.87 million and is part of the Industrials sector and Business Services industry.
Conference Call
Information Services Group, Inc. will be hosting a conference call at 9:00 AM eastern time on 9th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.isg-one.com
Information Services Group, Inc. operates as a technology research and advisory company in the Americas, Europe, and the Asia Pacific. The company offers digital transformation services, including automation, cloud, and data analytics; sourcing advisory; managed governance and risk; network carrier; technology strategy and operations design; change management; and market intelligence and technology research and analysis services.
