Information Services Group ( (III) ) has released its Q4 earnings. Here is a breakdown of the information Information Services Group presented to its investors.
Information Services Group (ISG) is a global AI-centered technology research and advisory firm that provides technology and business services to over 900 clients, including 75 of the world’s top 100 enterprises. The company is renowned for its expertise in leveraging AI to enhance operational excellence and growth for its clients.
In its latest earnings report, ISG announced strong financial results for the fourth quarter and full year of 2024, highlighted by the successful sale of its automation unit, which bolstered its balance sheet. The company reported fourth-quarter revenues of $58 million, at the top end of its guidance, and a net income of $3.0 million. For the full year, ISG reported revenues of $248 million and a net income of $2.8 million.
Key financial metrics from the report include a fourth-quarter adjusted EBITDA of $6.5 million, up 11% from the previous year, and a full-year adjusted EBITDA of $25.1 million. The company also declared a first-quarter dividend of $0.045 per share. ISG’s strategic repositioning to focus on AI-centered services is expected to drive future growth, with the company already serving over 100 clients with AI-focused research and advisory services in the past year.
ISG’s management expressed optimism about the future, citing an improving demand environment in 2025 as clients increase their technology spending to adopt AI at scale. The company is targeting first-quarter revenues between $58 million and $59 million, with adjusted EBITDA expected to rise significantly compared to the prior year.
Looking ahead, ISG is well-positioned to capitalize on the growing demand for AI services, with plans to continue leveraging its AI advisory capabilities and sourcing ecosystem expertise to deliver value to its clients. The company remains vigilant in monitoring macroeconomic conditions and adjusting its business strategies accordingly.