Information Services Group Files 8-K on Financials

Ticker: III · Form: 8-K · Filed: Mar 7, 2024 · CIK: 1371489

Sentiment: neutral

Topics: financial-reporting, operations

TL;DR

ISG filed an 8-K on March 7, 2024, detailing its financial condition and operations.

AI Summary

Information Services Group, Inc. filed an 8-K on March 7, 2024, reporting on its results of operations and financial condition, and including financial statements and exhibits. The filing details the company's operational and financial status as of March 7, 2024.

Why It Matters

This filing provides crucial updates on Information Services Group's financial health and operational performance, which can influence investor decisions.

Risk Assessment

Risk Level: low — This is a routine filing reporting on financial condition and operations, not indicating any immediate adverse events.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to report on Information Services Group, Inc.'s results of operations and financial condition, and to include financial statements and exhibits.

When was this 8-K filing submitted?

This 8-K filing was submitted on March 7, 2024.

What is the principal executive office address for Information Services Group, Inc.?

The principal executive office address for Information Services Group, Inc. is 2187 Atlantic Street, Stamford, CT 06902.

What is the telephone number for Information Services Group, Inc.?

The telephone number for Information Services Group, Inc. is (203) 517-3100.

What is the state of incorporation for Information Services Group, Inc.?

Information Services Group, Inc. is incorporated in Delaware.

Filing Stats: 820 words · 3 min read · ~3 pages · Grade level 12.4 · Accepted 2024-03-07 16:30:25

Key Financial Figures

Filing Documents

02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION

ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION On March 7, 2024 Information Services Group, Inc. ("ISG" or the "Company") released its earnings for the fourth quarter 2023 which ended on December 31, 2023 and is furnishing a copy of the earnings release to the Securities and Exchange Commission under Item 2.02 of this Current Report on Form 8-K. In addition, ISG will discuss its financial results during a teleconference call on Friday, March 8, 2024 at 9:00am (ET). To access the teleconference call, go to ISG's website at www.isg-one.com. The press release is furnished herewith as Exhibit 99.1 and shall not be deemed filed for purposes of the Exchange Act. ISG reports all financial information required in accordance with U.S. generally accepted accounting principles (GAAP). ISG believes, however, that evaluating its ongoing operating results will be enhanced if it also discloses certain non-GAAP information. These non-GAAP financial measures exclude non-cash and certain other special charges that many investors believe may obscure the user's overall understanding of ISG's current financial performance and the Company's prospects for the future. ISG believes that these non-GAAP measures provide useful information to investors because they improve the comparability of the financial results between periods and provide for greater transparency of key measures used to evaluate the Company's performance. ISG provides adjusted EBITDA (defined as net income plus interest, taxes, depreciation and amortization, foreign currency transaction gains/losses, non-cash stock compensation, interest accretion associated with contingent consideration, tax indemnity receivables, account receivable reserves, acquisition-related costs, and severance, integration and other expense), adjusted net income (defined as net income plus amortization of intangible assets, non-cash stock compensation, foreign currency transaction gains/losses, interest accretion associated with contin

01 FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibit. 99.1 Press Release dated March 7, 2024 regarding earnings for the fourth quarter 2023 2 EXHIBIT INDEX Exhibit Number Description 99.1 104 Press Release dated March 7, 2024 regarding earnings for the fourth quarter 2023. Cover Page Interactive Data file – the cover page iXBRL tags are embedded within the inline XBRL document. 3

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: March 7, 2024 INFORMATION SERVICES GROUP, INC. By: /s/ Michael P. Connors Michael P. Connors Chairman and Chief Executive Officer 4

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