Information Services Group, Inc. (NASDAQ: III) has announced that it will be unveiling its second quarter financial results on Monday 5th August 2024. This announcement is set to occur after market close, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
the business is expected to report an estimated per share $0.05 profit for the quarter, as predicted by financial analysts on Wall Street.
III forecasts a revenue target of $65.00 to $67.00 million for Q2, where as the number-crunchers predicting the company should report revenue of a tidy $65.51 million this quarter.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.11 generated from the revenues of $74.61 million.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $0.01 | -91.7% | 64.27 M | -18.1% |
| Q4 2023 | $0.06 | -53.8% | 66.19 M | -10.8% |
| Q3 2023 | $0.11 | -21.4% | 71.77 M | +4.3% |
| Q2 2023 | $0.11 | -15.4% | 74.61 M | +5.5% |
*Growth on year-over-year basis
According to the Wall Street analysts projections, the company is expected to generate a total revenue of $266.8 million for the fiscal year. Additionally, these analysts anticipate that the company will report profit of $0.23 per share during the same period.
Additionally, The company will host a conference call with investors and analysts on 6th August 2024 at 09:00 AM eastern time to review the Q2 2024 financial results.
During the previous trading day, Information Services Group, Inc. (III) shares reached a low of $3.21 and a high of $3.29, along with a total volume of 85.50 thousand shares. The stock ended the regular trading session at $3.26, marking decrease of 1.51 percent.
