Information Services Group, Inc. (III)
| Market Cap | 169.17M |
| Revenue (ttm) | 291.05M |
| Net Income (ttm) | 6.15M |
| Shares Out | 48.34M |
| EPS (ttm) | 0.12 |
| PE Ratio | 29.21 |
| Forward PE | 10.03 |
| Dividend | $0.18 (5.14%) |
| Ex-Dividend Date | Mar 18, 2024 |
| Volume | 109,964 |
| Open | 3.560 |
| Previous Close | 3.560 |
| Day's Range | 3.480 - 3.565 |
| 52-Week Range | 3.480 - 5.870 |
| Beta | 0.97 |
| Analysts | Buy |
| Price Target | 5.00 (+42.86%) |
| Earnings Date | May 9, 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]
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 $5.0.
News
Salesforce Growth Proves Boon to Brazilian Businesses
SÃO PAULO--(BUSINESS WIRE)---- $III #ISGProviderLens--Enterprises and service providers alike are reaping the benefits of an increased focus on Salesforce in the Brazilian market, ISG says.
Advanced BI Tools Aim to Democratize Data Science in Brazil
SÃO PAULO--(BUSINESS WIRE)---- $III #AnalyticsPlatforms--Self-service capabilities such as natural language queries are increasingly becoming the norm for business intelligence (BI) tools, ISG says.
ISG Expands Modern Slavery Advisory and Risk Management Service to Canada
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AdvisoryandRiskManagementServices--ISG has expanded its dedicated modern slavery advisory and risk management service to Canada, to help companies comply wit...
ISG to Publish Reports on Contact Center Customer Experience Services
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--ISG has launched a study examining providers of contact center CX services that address rapidly changing work models and improving digital CX.
Clouds Loom as U.K. Firms Weigh SAP Transition Options
LONDON--(BUSINESS WIRE)---- $III #ISGProviderLens--As the end of support for the legacy SAP ECC system draws closer, U.K. enterprises need to decide on how to migrate to SAP S/4HANA, ISG says.
U.S. Public Sector Under Pressure to Upgrade Mainframes
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #DevOps--Demand for mainframe services among U.S. state and local governments is higher than ever, as the need to modernize aging systems grows, ISG says.
Procurement's Rising Importance Lifts Demand for Software
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AutomatedNegotiationTools--Global demand for procurement software platforms is rising as procurement becomes more strategic to enterprises, ISG says.
Looming Deadline for SAP ECC Prompts Nordic Firms to RISE
STOCKHOLM--(BUSINESS WIRE)---- $III #ISGProviderLens--As the clock winds down on SAP's support for its ECC system, adoption of the RISE with SAP offering is on the upswing among Nordic firms, ISG says...
Microsoft Cloud Growth Speeds Up in Singapore, Malaysia
SINGAPORE & KUALA LUMPUR, Malaysia--(BUSINESS WIRE)---- $III #GenerativeAI--Companies in Singapore and Malaysia are speeding up their adoption of Microsoft cloud platforms to improve customer and empl...
GEP NAMED 'LEADER' IN GLOBAL PROCUREMENT SOFTWARE PLATFORMS BY TOP ANALYST FIRM FOR FOURTH YEAR IN A ROW
I SG cites GEP's continuing innovation with AI, low-code/no-code and sustainability tools Comes on the heels of also being recognized as leader in recently announced ISG study of procurement services ...
Firms Adapt Procurement Strategies to Changing Conditions
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--Enterprises worldwide are revisiting their approaches to procurement as business requirements and technologies rapidly change, ISG says.
Microsoft Copilot Aims to Help U.K. Firms Navigate Cloud
LONDON--(BUSINESS WIRE)---- $III #AzureOpenAI--Microsoft's GenAI smart assistants, Copilots, will equip U.K. enterprises with new ways of working with Microsoft clouds, ISG says.
Asia Pacific's IT, Business Services Market Delivers ‘Resurgent' Q1, ISG Index™ Finds
SYDNEY--(BUSINESS WIRE)---- $III #ApplicationDevelopmentandMaintenance--Asia Pacific's IT and business services market was resurgent in Q1, with spending at a level last seen almost two years ago, the...
Americas IT and Business Services Industry Sees Continuing Decline in Q1: ISG Index
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #ApplicationDevelopmentandMaintenance--Roiled by economic uncertainty, the Americas market for IT and business services was down in Q1, its fifth straight qua...
European Firms Seek New Ways to Modernize Mainframes
LONDON--(BUSINESS WIRE)---- $III #AI--Europe's mainframes are being transformed as enterprises look to effectively integrate their legacy systems with emerging technologies, ISG says.
Cloud Migrations Boost Australian Microsoft Ecosystem
SYDNEY--(BUSINESS WIRE)---- $III #GenerativeAI--Accelerating digital transformation by Australian companies and government agencies is expanding the country's Microsoft cloud ecosystem, ISG says.
U.S. Firms Embrace Microsoft Clouds as Needs Evolve
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AzureOpenAI--Enterprises in the U.S. are adopting Microsoft cloud platforms due to their relatively low cost and easy integration with other tech, ISG says.
BioBam Releases OmicsBox 3.2: Single Cell Transcriptomics Made Easy
BOSTON--(BUSINESS WIRE)-- #biobam--BioBam, a leading provider of bioinformatics solutions, is pleased to announce the launch of OmicsBox 3.2 at the BIO-IT World Expo in Boston. This release showcases ...
Europe's IT, Business Services Sector on the Rebound in Q1: ISG Index™
LONDON--(BUSINESS WIRE)---- $III #ApplicationDevelopmentandMaintenance--Europe's demand for IT and business services in Q1 rose for the first time in a year, powered by growth from the BFSI sector, th...
ISG to Publish Report on Payroll Solutions, Services
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #ISGProviderLens--ISG has launched a research study examining providers offering modern digital payroll solutions for operational transformation.
Belt-Tightening Slows U.S. Adoption of SAP S/4HANA
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #EnterpriseResourcePlanning--Many SAP customers in the U.S. continue to pursue SAP S/4HANA transformation, but at a slower pace amid current macroeconomic con...
5 Unloved Small Cap Stocks With Strong Dividends
In my younger days, I shunned dividend-paying stocks. To me, they were what your father bought, what those who already had loads of money owned.
U.K. Firms Turn to Salesforce to Enhance Customer Loyalty
LONDON--(BUSINESS WIRE)---- $III #Automation--Salesforce marketing automation tools have become a priority for larger U.K. enterprises intent on cultivating customer trust and loyalty, ISG says.
Asia Pacific Firms Act on Mainframe Needs, Possibilities
SYDNEY--(BUSINESS WIRE)---- $III #ApplicationsModernization--Mainframe optimization and application modernization are major trends in Asia Pacific, as companies seek value from legacy systems, ISG say...
Global Spending on IT, Business Services Up in Q1 As Cloud Demand Rebounds: ISG Index™
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #ApplicationDevelopmentandMaintenance--Global spending on IT and business services rose in Q1 on rising demand for cloud services, driven in part by interest ...