STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Information Services Group Inc. (III) on Thursday reported fourth-quarter net income of $2.6 million.
On a per-share basis, the Stamford, Connecticut-based company said it had net income of 5 cents. Earnings, adjusted for one-time gains and costs, were 8 cents per share.
The results matched Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 8 cents per share.
The market advisory service company posted revenue of $61.2 million in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $61.1 million.
For the year, the company reported profit of $9.3 million, or 19 cents per share. Revenue was reported as $244.7 million.
For the current quarter ending in March, ISG said it expects revenue in the range of $60.5 million to $61.5 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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