Monday, March 18, 2019
Information Services Group (III)
Is Information Services Positioned For Growth In 2019?
Information Services Group (ISG) (III) is a leading technology insights, market intelligence and advisory services company, serving more than 500 clients around the world to help them achieve operational excellence. ISG supports private and public sector organizations to transform and optimize their operational environments through research, benchmarking, consulting and managed services, with a focus on information technology, business process transformation, program management services and enterprise resource planning.
Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to full report for price target, fundamental analysis and rating.
- 4Q 2018 miss due to unexpected
items. The fourth quarter was impacted by a
number of unexpected items, driving the top line miss. In total, these items
reduced revenues by an estimated $4 million. Ex these items, III’s top line
would have been closer to the $72 million range. - RPA set for strong growth in 2019;
Value not reflected in stock price. III’s RPA business ended 2018 at a $20 million plus run
rate and is expected to end 2019 at a $30 million plus run rate. Given recent
acquisitions in this space, the RPA business alone could be worth in excess of
$60 mi…
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NOTE: investment decisions should not be based upon the content of
this research summary. Proper due diligence is required before
making any investment decision.