Strong Q1 Revenue Growth
ISG delivered Q1 revenues of $60 million, up 5% excluding results from the divested automation unit. Growth was led by the Americas, up 17%, marking the largest year-over-year growth quarter in the Americas in the last two years.
Significant Increase in Adjusted EBITDA
Adjusted EBITDA was up 68% to $7.4 million, with an adjusted EBITDA margin increase of more than 550 basis points to 12.4%.
Expansion in AI Client Base
ISG served more than 200 clients with AI-focused research and advisory services in the trailing 12 months, up from 150 clients noted last quarter.
ISG Tango Platform Growth
The ISG Tango platform saw more than $9 billion of contract value flow through it, up more than 30% from the previous quarter.
Key Client Engagements
Successful engagements included a $1 million plus engagement with a leading CPG company and a $2 million plus engagement with a multinational food processing company.