STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Information Services Group Inc. (III) on Thursday reported fourth-quarter net income of $3 million.
On a per-share basis, the Stamford, Connecticut-based company said it had net income of 6 cents.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.
The market advisory service company posted revenue of $57.8 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $57.6 million.
For the year, the company reported profit of $2.8 million, or 6 cents per share. Revenue was reported as $247.6 million.
For the current quarter ending in March, ISG said it expects revenue in the range of $58 million to $59 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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