Information Services Group (III) Tops Q4 EPS by 4c
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Information Services Group Announces Fourth-Quarter 2020 Results
March 11, 2021 4:17 PM ESTReports fourth-quarter revenues of $66 million, up 8 percent sequentially; adjusted EBITDA of $9 million, up 11 percent sequentiallyboth exceeding guidance Reports operating income of $4 million; GAAP EPS of $0.03 and adjusted EPS of $0.10 Delivers strong quarterly cash flow from operating activities of $7 million; generates record $44 million of cash flow from operating activities for full year Year-end cash balance at $43.7 million, up 15% from Q3 and 2.4X versus prior year Debt balance reduced by 9 percent during 2020 Announces ISG NEXT, firms new operating model that expands digital and... More
