Business
Information Services Group Announces First-Quarter 2025 Results
Reports first-quarter GAAP revenues of $60 million, exceeding guidance and up 5% versus prior year, excluding results from divested automation unit Reports
About this update from Information Services Group, Inc.
[{"type":"text","content":"\n\nReports first-quarter GAAP revenues of $60 million, exceeding guidance and up 5% versus prior year, excluding results from divested automation unit\n\n\nReports first-quarter GAAP net income of $1.5 million, GAAP EPS of $0.03 and adjusted EPS of $0.07\n\n\nReports first-quarter adjusted EBITDA of $7.4 million, up 68% versus prior year\n\n\nDeclares second-quarter dividend of $0.045 per share, payable June 27, 2025, to shareholders of record as of June 6, 2025\n\n\nSets second-quarter guidance: revenues between $59.5 million and $60.5 million and adjusted EBITDA between $7.0 million and $8.0 million\n\n\n STAMFORD, Conn.--(BUSINESS WIRE)--\nInformation Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm, today announced financial results for the first quarter ended March 31, 2025.\n\n“ISG is off to a strong start in 2025, building on our momentum from last quarter,” said Michael P. Connors, chairman and CEO. “Excluding results from our divested automation unit, Q1 revenues were up 5 percent, led by 17 percent growth in the Americas, our largest revenue region. Our adjusted EBITDA was up 68 percent and our adjusted EBITDA margin was up more than 550 basis points from last year, driven by our improved business mix and disciplined operating approach. Our new ‘AI-centered’ positioning is resonating with clients, as it aligns perfectly with our cost optimization and digital transformation services, which are getting increased attention as clients weigh the implications of U.S. tariffs.”\n\nConnors said ISG is seeing a growing number of clients accelerating their cloud adoption, modernizing legacy infrastructure and leveraging AIOps to improve their IT operating efficiency. “Our clients are adapting to a changing business landscape by leveraging technology to become more efficient and mitigate the disruption of tariffs and other macro challenges,” Connors said. “ISG is well-positioned to turn market disruption into long-term strategic advantage for our clients.”\n\nFirst-Quarter 2025 Results\n\nReported revenues for the first quarter were $59.6 million, down 7 percent from $64.3 million in the prior year. Excluding first-quarter 2024 results from ISG’s automation unit, which the firm divested on October 1, 2024, revenues were up 5 percent. Currency translation negatively impacted reported ...