MarketPR
A third-quarter revenue target of $63.5 million to $64.5 million put Information Services Group (ISG) in focus, arriving alongside a $30 million expansion of the company's share repurchase program.
The two disclosures came in the same announcement, with the actual Q3 revenue print now the next definitive read. That pairing gives the tape more to consider than either item would have on its own.
The revenue range ISG set the third-quarter floor at $63.5 million and the ceiling at $64.5 million, a spread of $1 million. The midpoint lands at $64 million.
No conditions were attached to the guidance in what the company disclosed publicly. The setup heading into the third quarter now has a number to measure against.
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