ISC Reports Fourth Quarter and Year-End Financial Results For 2022
REGINA, Saskatchewan, March 14, 2023 (GLOBE NEWSWIRE) -- Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today reported on the Company’s financial results for the fourth quarter and year ended December 31, 2022.
- REGINA, Saskatchewan, March 14, 2023 (GLOBE NEWSWIRE) -- Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today reported on the Company’s financial results for the fourth quarter and year ended December 31, 2022.
- The consolidated revenue increase was partially offset by a $1.6 million decline in Technology Solutions third-party revenue during the quarter.
- These reductions were offset by EBITDA in the quarter contributed from acquisitions completed during the year of $1.0 million.
- Free cash flow for the quarter was $7.9 million, a decrease of 43 per cent compared to the fourth quarter of 2021.