ISG: Q3 Earnings Snapshot

STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Information Services Group Inc. (III) on Monday reported third-quarter net income of $3.4 million.

On a per-share basis, the Stamford, Connecticut-based company said it had net income of 7 cents. Earnings, adjusted for one-time gains and costs, were 10 cents per share.

The results matched Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 10 cents per share.

The market advisory service company posted revenue of $65.1 million in the period, which beat Street forecasts. Five analysts surveyed by Zacks expected $63.9 million.

For the current quarter ending in December, ISG said it expects revenue in the range of $64 million to $65 million.

_____

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