STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Information Services Group Inc. (III) on Thursday reported third-quarter net income of $1.1 million.
The Stamford, Connecticut-based company said it had profit of 2 cents per share. Earnings, adjusted for one-time gains and costs, came to 5 cents per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The market advisory service company posted revenue of $61.3 million in the period, which also did not meet Street forecasts. Four analysts surveyed by Zacks expected $61.6 million.
For the current quarter ending in December, ISG said it expects revenue in the range of $57 million to $58 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on III at https://www.zacks.com/ap/III
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