Information Services Group, Inc. (III)

NASDAQ: III · IEX Real-Time Price · USD
3.520
-0.030 (-0.85%)
At close: Jul 26, 2024, 4:00 PM
3.620
+0.100 (2.84%)
After-hours: Jul 26, 2024, 4:17 PM EDT
-0.85%
Market Cap 171.30M
Revenue (ttm) 276.84M
Net Income (ttm) -726,000
Shares Out 48.67M
EPS (ttm) -0.02
PE Ratio n/a
Forward PE 11.12
Dividend $0.18 (5.11%)
Ex-Dividend Date Jun 14, 2024
Volume 83,822
Open 3.610
Previous Close 3.550
Day's Range 3.450 - 3.630
52-Week Range 2.920 - 5.360
Beta 0.96
Analysts Buy
Price Target 3.50 (-0.57%)
Earnings Date Aug 5, 2024

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]

Sector Technology
IPO Date Feb 1, 2007
Employees 1,518
Stock Exchange NASDAQ
Ticker Symbol III
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for III stock is "Buy" and the 12-month stock price forecast is $3.5.

Price Target
$3.5
(-0.57% downside)
Analyst Consensus: Buy
Stock Forecasts

News

ISG Announces Finalists for 2024 Women in Digital Awards

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #ISGWomeninDigitalAwards--ISG today announced the finalists for the 2024 ISG Women in Digital Awards program, recognizing exceptional leadership among women i...

8 hours ago - Business Wire

U.K. Firms Conduct Orchestrated Approach to Cybersecurity

LONDON--(BUSINESS WIRE)---- $III #CyberResilience--Enterprises in the U.K. are responding to a greater risk of cyberattacks by integrating individual security tools into a unified framework, ISG says.

14 hours ago - Business Wire

Australia Builds AI Defenses Against Rising Security Threats

SYDNEY--(BUSINESS WIRE)---- $III #AI--Australian enterprises and government agencies are making cybersecurity a strategic priority as attacks become more frequent and severe, ISG says.

23 hours ago - Business Wire

U.S. Firms Strengthen Cybersecurity as Data Breaches Soar

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #Cybersecurity--Enterprises in the U.S. are investing in cybersecurity services as data breaches continue to grow in number and sophistication, ISG says.

1 day ago - Business Wire

Firms in France Rethinking Their Cloud Strategies

PARIS--(BUSINESS WIRE)---- $III #ColocationServices--Enterprises in France are reassessing their priorities and moving from a “cloud first” to a “cloud right” strategy, ISG says.

1 day ago - Business Wire

Platforms for Leveraging AI Win ISG Startup Challenges

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #Ema--ISG today announced the winners of its Startup Challenges at events held this spring in London and New York.

2 days ago - Business Wire

Brazil's Data Centers Supporting Demand for GenAI Testing

SÃO PAULO--(BUSINESS WIRE)---- $III #ColocationServices--Enterprises in Brazil looking to incorporate GenAI into their operations can use external data centers to experiment and develop use cases, ISG...

2 days ago - Business Wire

Cost Concerns Lead German Firms to Rethink Cloud Strategy

FRANKFURT, Germany--(BUSINESS WIRE)---- $III #ColocationServices--Responding to an economic downturn, German enterprises have adjusted their cloud strategies to place increased focus on cost optimizat...

2 days ago - Business Wire

ISG to Provide Intelligent Automation Services as Part of CoreTrust Partnership

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #CoreTrust--ISG said today it has formed a partnership with CoreTrust and will offer intelligent automation services to the purchasing group's member companie...

3 days ago - Business Wire

Dutch Firms Are Taking a Fresh Look at Cloud Infrastructure

AMSTERDAM--(BUSINESS WIRE)---- $III #ColocationServices--Enterprises in the Netherlands are seeking new ways to improve the agility of their hybrid and multicloud environments while reducing costs, IS...

3 days ago - Business Wire

German Firms Seek Allies to Counter Growing Cyberattacks

FRANKFURT, Germany--(BUSINESS WIRE)---- $III #CybersecurityServices--With an upsurge in cyberattacks and a shortage of qualified cybersecurity experts, German companies are turning to providers for su...

3 days ago - Business Wire

In Mature Cloud Market, Cost Optimization is Top Enterprise Priority: ISG Study

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--With more than half of applications now in the cloud, firms are even more focused on cost savings and leveraging the cloud for AI, ISG says.

4 days ago - Business Wire

Swiss Firms Seek to Counter AI Threats With AI Responses

ZÜRICH--(BUSINESS WIRE)---- $III #CybersecurityServices--Swiss enterprises feeling increased risk of AI-enhanced cyberattacks want solutions that can provide equally sophisticated protection, ISG says...

4 days ago - Business Wire

U.S. Firms Transform HR with Modernized Outsourcing

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #HealthandWelfareBenefitsAdministrationServices--Enterprises in the U.S. are reinventing their approach to HR with the help of outsourcing providers that are ...

7 days ago - Business Wire

Diverse Hybrid Clouds Enable Asia Pacific IT Strategies

SYDNEY--(BUSINESS WIRE)---- $III #ColocationServices--Asia Pacific companies are using hybrid cloud and data center services to meet specialized business, legal, cultural and IT requirements, ISG says...

7 days ago - Business Wire

U.K. Firms Turn to Hybrid Clouds for Security, Compliance

LONDON--(BUSINESS WIRE)---- $III #ColocationServices--Enterprises in the U.K. are looking beyond public clouds and increasingly seeking services from private and hybrid cloud providers, ISG says.

8 days ago - Business Wire

U.S. Public Sector Seeks Partners for Complex Hybrid Clouds

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #CloudManagement--Many U.S. public-sector organizations are turning to service providers for help getting maximum value from hybrid cloud implementations, ISG...

9 days ago - Business Wire

Swiss Cloud Complexity Boosts Need for Expert Assistance

ZÜRICH--(BUSINESS WIRE)---- $III #CloudManagedServices--The growing reliance of Swiss enterprises on complex multicloud solutions is increasing demand for services to help manage those clouds, ISG say...

9 days ago - Business Wire

Asia Pacific IT, Business Services Market Boosted by Strong Demand for Managed Services, Q2 ISG Index™ Shows

SYDNEY--(BUSINESS WIRE)---- $III #AsaService--Asia Pacific's Q2 spending on IT and business services eclipsed $5 billion for the first time in two years, led by managed services demand: ISG Index.

9 days ago - Business Wire

Life Sciences Firms Adopt Tools to Modernize Clinical Trials

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--Technologies that enable decentralized clinical trials and other new practices are transforming the global life sciences industry, ISG says.

10 days ago - Business Wire

Americas' Demand for IT and Business Services Rebounded in Q2, ISG Index™ Shows

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AsaService--Demand for IT and business services in the Americas rebounded in the second quarter as the region produced its best growth in two years: ISG Inde...

10 days ago - Business Wire

Europe's Insurance Firms Strive to Foster Agility and Trust

LONDON--(BUSINESS WIRE)---- $III #CoreSystemsModernization--European insurers are looking to modernize their core systems in a bid to develop a more agile, efficient and policyholder-centric approach,...

10 days ago - Business Wire

U.S. Hybrid Cloud Plans Move Forward Under Tight Budgets

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--Cost concerns continue to guide U.S. enterprise investments in private and hybrid cloud services, ISG says.

11 days ago - Business Wire

Europe's IT, Business Services Market Up Slightly in Q2: ISG Index™

LONDON--(BUSINESS WIRE)---- $III #AsaService--Europe's IT and business services market grew slightly in Q2 as rising XaaS spending offset sluggish demand for managed services, the ISG Index found.

11 days ago - Business Wire

ISG to Publish Reports on Advanced Analytics, AI Services

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AIServices--ISG has launched a research study examining providers of advanced data analytics and AI services for enterprises.

14 days ago - Business Wire