ISC Reports Solid Start to 2024

From GlobeNewswire: 2024-05-07 20:18:00

Information Services Corporation (ISC) reported strong operating results for Q1 2024, with revenue up 15% to $56.4 million. Net income was $0.4 million, impacted by increased expenses. Adjusted EBITDA was $19.4 million, with an adjusted free cash flow of $11.6 million. ISC aims to double its size by 2028, signaling a new phase of growth. On May 7, 2024, ISC declared a quarterly cash dividend of $0.23 per Class A Share. Key executives were also mentioned, including the retirement of Ken Budzak, Executive VP of Registry Operations. ISC’s President and CEO Shawn Peters expressed confidence in the company’s growth trajectory.



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