STAMFORD, Conn. (AP) _ Information Services Group Inc. (III) on Wednesday reported third-quarter earnings of $1.4 million.
On a per-share basis, the Stamford, Connecticut-based company said it had profit of 3 cents. Earnings, adjusted for one-time gains and costs, were 10 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.
The market advisory service company posted revenue of $68.3 million in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $68.8 million.
In the final minutes of trading on Wednesday, the company's shares hit $3.88. A year ago, they were trading at $3.61.