Information Services Group, Inc. (III)
| Market Cap | 150.16M |
| Revenue (ttm) | 255.99M |
| Net Income (ttm) | -3.07M |
| Shares Out | 49.07M |
| EPS (ttm) | -0.07 |
| PE Ratio | n/a |
| Forward PE | 11.77 |
| Dividend | $0.18 (5.88%) |
| Ex-Dividend Date | Dec 3, 2024 |
| Volume | 90,524 |
| Open | 3.080 |
| Previous Close | 3.080 |
| Day's Range | 3.060 - 3.140 |
| 52-Week Range | 2.920 - 4.580 |
| Beta | 1.01 |
| Analysts | Buy |
| Price Target | 3.75 (+22.55%) |
| Earnings Date | Mar 6, 2025 |
About III
Information Services Group, Inc., together with its subsidiaries, 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. It supports private and public sector organizations to transform and optimize their... [Read more]
Financial Performance
In 2023, III's revenue was $291.05 million, an increase of 1.67% compared to the previous year's $286.27 million. Earnings were $6.15 million, a decrease of -68.80%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for III stock is "Buy" and the 12-month stock price forecast is $3.75.
News
Data, AI Take Center Stage in U.S. Healthcare Modernization
STAMFORD, Conn.--(BUSINESS WIRE)-- #AI--An ISG Provider Lens™ report says the U.S. healthcare industry is using AI in overall transformations to improve efficiency, outcomes and service.
AI and ML Shake Up North American Manufacturing
STAMFORD, Conn.--(BUSINESS WIRE)-- #AI--Manufacturing enterprises in North America are investing in AI and ML technology and new services to compete, an ISG Provider Lens™ report says.
ISG to Assess Providers of Cybersecurity Services
STAMFORD, Conn.--(BUSINESS WIRE)-- #AI--An ISG Provider Lens™ study will examine providers helping clients navigate a cybersecurity landscape made more complex with the integration of AI.
AI, Cloud and 5G Are Reshaping Telecom, Media and Entertainment Delivery Models in EMEA: ISG
LONDON--(BUSINESS WIRE)-- #5G--A new ISG Provider Lens™ report says AI, cloud and 5G deployment are driving transformation in telecom, media and entertainment in Europe.
AI Transforming ERP Software Systems, ISG Says
STAMFORD, Conn.--(BUSINESS WIRE)-- #AI--The ISG Buyers Guides for Enterprise Resource Planning say current technology trends including AI will revolutionize ERP systems.
Enterprises Adopting AI-Powered Revenue Performance Software, ISG Says
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #ISGBuyersGuides--Enterprises will increase the use of AI in their revenue performance management (RPM) platforms over the next two years, ISG Software Resear...
Asia Pacific Tech Services Market Fueled by Strong Demand for Managed and Cloud Services in Q4: ISG Index™
SYDNEY--(BUSINESS WIRE)---- $III #AI--Asia Pacific's IT and business services market saw double-digit growth in cloud and managed services in Q4, on rising demand for AI: ISG Index.
Americas Demand for IT, Business Services Hits Record High in Q4, ISG Index™ Finds
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--The Americas market for IT and business services hit a record high in Q4, powered by growing managed services and AI-driven cloud demand: ISG Index.
HARMAN Named as a Leader by ISG in Both 2024 Advanced Analytics and AI Services Provider Lens™ Report and the 2024 Generative AI Services Provider Lens™ Report
STAMFORD, Conn.--(BUSINESS WIRE)--HARMAN, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies for automotive, consumer and enterprise markets, is honored that ...
Insurers Embrace AI Innovations in Australia, New Zealand
SYDNEY--(BUSINESS WIRE)---- $III #AI--Insurers in Australia and New Zealand continue to invest in new technologies, including AI, to become digital-first, data-driven firms, ISG says.
North American Insurers Transform Systems, Adopt AI for Adaptability
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--Insurance enterprises in North America are integrating new technologies, including AI, to succeed in an unpredictable, changing market, ISG says.
Europe Sees AI-Driven Cloud Growth in Q4 as Managed Services Demand Slows: ISG Index™
LONDON--(BUSINESS WIRE)---- $III #AI--AI-driven cloud demand drove growth in Europe's IT and business services market in Q4, even as demand for managed services slowed: ISG Index.
AI-Fueled Cloud Demand Powers Global IT, Business Services Market to New High in Q4: ISG Index™
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #BusinessProcessOutsourcing--Global spending on IT and business services rose 20 percent in the fourth quarter, fueled by a sharp increase in cloud demand, th...
AI Adoption Drives Interest in DataOps, ISG Study Finds
STAMFORD, Conn.--(BUSINESS WIRE)-- #AI--As expanding use of AI drives enterprise interest in DataOps, new ISG research predicts more than half of enterprises will embrace DataOps by 2026.
U.S. Firms Seize Power of Data With Advanced Analytics
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--Enterprises in the U.S. are making major investments in analytics and AI to fully realize their data's potential, ISG says.
AI Solutions for Visually Impaired, AI Search and AI Agents Win ISG Startup Challenges
STAMFORD, Conn.--(BUSINESS WIRE)-- #AI--AI-powered solutions for visual impairments, optimizing AI search and creating AI agents won ISG Startup Challenges in Paris, Dallas and London.
North American Telecom, Media Firms Tap into Cloud, AI
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #5G--North American telecom, media and entertainment firms are adopting emerging technologies to fuel innovation and improve customer experience, ISG says.
Europe's Oil and Gas Industry Turning to AI to Improve Operations Amid Energy Security Concerns
LONDON--(BUSINESS WIRE)---- $III #AI--Europe's oil and gas industry is increasingly leveraging AI to optimize operations as the region faces growing energy security concerns, ISG says.
North American Oil Firms Tackle Change with Technology
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--Oil and gas companies in North America are embracing advanced technologies, including A!, as they adapt to major industry changes, ISG says.
ISG Advisors Recognized as 2024 HRO Today Superstars
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #HROToday--HRO Today has named two ISG advisors as 2024 HRO Today Superstars for helping enterprises navigate changing workplace models and employee expectati...
Pent-up Demand Fuels U.S. Public Sector Cloud Boom
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #CloudOptimizationServices--The U.S. public sector is quickly adopting public cloud services, transitioning from legacy systems to advanced multi-cloud platfo...
Ukraine Conflict Impacting Nordics Cloud Adoption
STOCKHOLM--(BUSINESS WIRE)---- $III #AI--The war in Ukraine has intensified supply chain disruptions, affecting IT investments in the Nordics amid rising costs and talent shortages, ISG says.
Asian Enterprises Snap Up Cloud Services as Economies Rise
SYDNEY--(BUSINESS WIRE)---- $III #AI--Demand for public cloud services is growing in Asia Pacific as more enterprises invest in advanced technology, including AI, ISG says.
EU Sovereign Cloud Initiative Drives Single-Source Solutions
LONDON--(BUSINESS WIRE)---- $III #GaiaX--Enterprises in Europe are obtaining cloud services through partnerships between Europe's cloud platform providers and global hyperscalers, ISG says.
U.S. Firms Look to Public Clouds for AI Scale, Intelligence
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--Enterprise adoption of AI technologies is the main driver of growing U.S. demand for public cloud services over the past year, ISG says.