Business
ISC Reports Financial Results for the First Quarter of 2026
Strong performance across the Saskatchewan Registries, driven by a buoyant real estate market ...
About this update from Information Services Corp. Class A
[{"type":"text","content":"ISC Reports Financial Results for the First Quarter of 2026\nStrong performance across the Saskatchewan Registries, driven by a buoyant real estate marketRecord quarterly revenue in Recovery Solutions division, driven by increased customer demand and market conditions Strong operating results supporting diluted EPS of $0.49 Capitalized terms that are used but not defined in this news release, including section references, have the meanings ascribed to those terms in Management's Discussion and Analysis for the three months ended March 31, 2026. REGINA, Saskatchewan, May 15, 2026 (GLOBE NEWSWIRE) -- Information Services Corporation (TSX:ISC) (ISC or the Company) today reported on the Company’s financial results for the quarter ended March 31, 2026. Commenting on ISC’s results, Shawn Peters, President and CEO stated, “ISC's first quarter was defined by strong execution across the business. Registry Operations continued to perform well, with Saskatchewan Registries leading the way and benefiting from a favourable Saskatchewan real estate market. At the same time, our Recovery Solutions division delivered record results, demonstrating the resilience and consistency we have worked to build across the business. The strength of these results reflects the discipline of our operations and focus of our teams, positioning us well as we move through the year.\" First Quarter 2026 Highlights Revenue was $61.8 million for the quarter ended March 31, 2026, an increase of 4 per cent when compared to $59.3 million in the first quarter of 2025. Revenue from the Saskatchewan Registries division in the Registry Operations segment saw growth as volumes were up in all registries showcasing the continued resilience of the Saskatchewan economy. The Land Registry saw the most significant increase due to an increase in average real estate values across the Saskatchewan market in addition to a first-quarter record in high-value property registrations. The growth was further supplemented by new revenue related to the digitization and redaction services provided to support MECP's new digital records system. This was partially offset by a decrease in Technology Solutions revenue as a result of timing of the advancement of work on solution definition and implementation contracts. Net income was $9.2 million or $0.49 per basic share a...