Information Services Group, Inc. (III)

NASDAQ: III · IEX Real-Time Price · USD
3.160
+0.010 (0.32%)
At close: May 24, 2024, 4:00 PM
3.209
+0.049 (1.55%)
After-hours: May 24, 2024, 4:05 PM EDT
0.32%
Market Cap 153.78M
Revenue (ttm) 276.84M
Net Income (ttm) -726,000
Shares Out 48.67M
EPS (ttm) -0.02
PE Ratio n/a
Forward PE 8.69
Dividend $0.18 (5.70%)
Ex-Dividend Date Jun 14, 2024
Volume 70,955
Open 3.140
Previous Close 3.150
Day's Range 3.160 - 3.160
52-Week Range 2.930 - 5.870
Beta 1.01
Analysts Buy
Price Target 3.50 (+10.76%)
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]

Sector Technology
IPO Date Feb 1, 2007
Employees 1,500
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
(10.76% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Azure Gains an Edge in Mexico's Expanding Cloud System

MEXICO CITY--(BUSINESS WIRE)---- $III #AzureManagedServices--Buoyed by the steady migration of systems to the cloud, Microsoft's Azure is rapidly extending its reach in the Mexico cloud market, ISG sa...

4 days ago - Business Wire

Brazil's Firms Reap Benefits of an Evolving Cloud Landscape

SÃO PAULO--(BUSINESS WIRE)---- $III #AzureManagedServices--Microsoft is expanding its business in Brazil as demand for cloud services continues to heat up and partners add solutions and services, ISG ...

5 days ago - Business Wire

Enterprises Seeking Experience Parity, ISG Says

LONDON--(BUSINESS WIRE)---- $III #AI--Enterprises are seeking experience parity between CX and EX, say experts appearing at the upcoming ISG Digital Business Summit in London, June 25-26.

7 days ago - Business Wire

ISG Case Study Research Recognizes 47 Providers for High-Impact Client Engagements

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #BusinessServicesProviders--ISG has recognized 47 technology and business services providers for their best-in-class engagements as part of the ISG Case Study...

10 days ago - Business Wire

ISG to Publish Reports on Supply Chain Services

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--ISG has launched a study examining providers of supply chain services that help create supply chains that are intelligent, resilient and sustainable.

11 days ago - Business Wire

Europe's Chemical Firms Seek Catalyst for Competitiveness

LONDON--(BUSINESS WIRE)---- $III #ChemicalIndustryServices--Europe's chemical industry is hoping digital technology will provide the formula it needs to regain its strength in the global market, ISG s...

12 days ago - Business Wire

GenAI Adds Speed to ServiceNow Business Transformations

SÃO PAULO--(BUSINESS WIRE)---- $III #BusinessTransformation--The addition of GenAI to ServiceNow will enable Brazilian enterprises to dramatically speed up their business transformations, ISG says.

12 days ago - Business Wire

Cost is Top Challenge to Achieving Enterprise Sustainability, ISG Study Finds

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #DigitalSustainability--An ISG survey finds cost is the biggest barrier to achieving sustainability goals, with more spent on reporting and compliance than ot...

13 days ago - Business Wire

Some German Enterprises Are Remaining Cloud Cautious

FRANKFURT, Germany--(BUSINESS WIRE)---- $III #ISGProviderLens--SAP is emphasizing the “cloudification” of its offerings, yet not all German enterprises are in a hurry to follow the company's lead, ISG...

14 days ago - Business Wire

ISG to Publish Report on Finance and Accounting Services

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--ISG has launched a study examining outsourcing services aimed at improving finance and accounting operations and business decision-making.

14 days ago - Business Wire

Information Services Group Announces First-Quarter 2024 Results

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #earnings--Information Services Group (ISG) (Nasdaq: III) today announced its financial results for the first quarter ended March 31, 2024.

18 days ago - Business Wire

BTP Business is Booming for Brazilian Firms, SAP Providers

SÃO PAULO--(BUSINESS WIRE)---- $III #EmployeeExperience--Enterprises in Brazil are turning to partners that use SAP Business Technology Platform (BTP) to develop customized solutions, ISG says.

19 days ago - Business Wire

Europe's Enterprises Rising to Meet Digital Expectations

LONDON--(BUSINESS WIRE)---- $III #ApplicationServices--European enterprises are turning to digital engineering technologies and services to improve all segments of the value chain, ISG says.

20 days ago - Business Wire

GenAI Triggers Digital Engineering Technology Shift in U.S.

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--The digital engineering services sector in the U.S. changed significantly in 2023 as several major enabling technologies converged, ISG says.

20 days ago - Business Wire

Azure OpenAI Services Could Give Swiss Firms an AI Edge

ZÜRICH--(BUSINESS WIRE)---- $III #AzureManagedServices--Switzerland could strengthen its reputation as an AI leader with Microsoft's plans to add Azure OpenAI services to Swiss data centers, ISG says.

22 days ago - Business Wire

Firms Seek Integration to Strengthen Finance, Accounting

STAMFORD, Conn.--(BUSINESS WIRE)-- #FinanceandAccounting--Comprehensive platforms, AI features reshape software to meet new requirements for enterprise financial operations, an ISG Provider Lens™ repo...

24 days ago - Business Wire

Urge to Simplify Draws More European Firms to ServiceNow

LONDON--(BUSINESS WIRE)---- $III #ISGProviderLens--An expanding array of modules is leading many European enterprises to choose ServiceNow as their principal workflow management platform, ISG says.

25 days ago - Business Wire

ServiceNow's Expanded Scope Boosts Uptake in Australia

SYDNEY--(BUSINESS WIRE)---- $III #GenAI--ServiceNow adoption in Australia is growing rapidly as more enterprise functions and units embrace the workflow management platform, ISG says.

25 days ago - Business Wire

German Firms Set to Soar With Microsoft Copilot at the Helm

FRANKFURT, Germany--(BUSINESS WIRE)---- $III #AzureManagedServices--German enterprises could experience a surge in innovation as Microsoft integrates AI and cloud technologies within its ecosystem, IS...

26 days ago - Business Wire

North American Chemical Firms Update IT for Age of Change

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--North American chemical companies are increasing their adoption of digital technologies in the face of growing IT and business challenges, ISG says.

26 days ago - Business Wire

Customer Experience Drives Workplace Decisions, ISG Research Finds

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--The ISG Future Workplace Summit will explore digital and people strategies for creating and sustaining a thriving and competitive workplace.

27 days ago - Business Wire

Companies Weigh Options, Costs for SAP Migration

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #CloudEconomics--As enterprises worldwide migrate business applications to the cloud, programs and tools from SAP and its partners are gaining traction, ISG s...

27 days ago - Business Wire

U.S. Firms Adding ServiceNow Modules to Unify Workflows

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--A growing number of enterprises in the U.S., seeking to streamline workflow management, are engaging with providers to implement ServiceNow, ISG says.

4 weeks ago - Business Wire

Enterprises Rate Outsourcing Providers Higher, Citing Improved Execution and Delivery, ISG Study Shows

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #BusinessServiceProviders--Enterprise buyers of technology and business services are happier with their providers than they were a year ago, ISG research show...

4 weeks ago - Business Wire

ISG to Evaluate Workday Ecosystem Providers

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #ISGProviderLens--ISG has launched a research study examining providers that help customers get the most out of the Workday cloud-based enterprise management ...

4 weeks ago - Business Wire