Information Services Group Full Year 2024 Earnings: EPS Beats Expectations

Information Services Group (NASDAQ:III) Full Year 2024 Results

Key Financial Results

• Revenue: US$247.6m (down 15% from FY 2023).
• Net income: US$2.84m (down 54% from FY 2023).
• Profit margin: 1.1% (down from 2.1% in FY 2023).
• EPS: US$0.058 (down from US$0.13 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Information Services Group EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates.

The primary driver behind last 12 months revenue was the Americas segment contributing a total revenue of US$158.9m (64% of total revenue). Notably, cost of sales worth US$150.3m amounted to 61% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$85.6m (91% of total expenses). Explore how III's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in the US.

Performance of the American IT industry.

The company's shares are up 5.4% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Information Services Group has 4 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.