ISC Reports 2023 Third Quarter Financial Results
REGINA, Saskatchewan, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today reported on the Company’s financial results for the third quarter ended September 30, 2023.
- REGINA, Saskatchewan, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today reported on the Company’s financial results for the third quarter ended September 30, 2023.
- Adjusted free cash flow for the quarter was $14.4 million, up 27 per cent compared to $11.4 million in the third quarter of 2022, primarily related to stronger results from operations in Registry Operations and Services during the quarter.
- The Consolidated Net Funded Debt to EBITDA financial covenant was increased to provide additional balance sheet flexibility to ISC.
- On July 27, 2023, ISC announced that it has expanded the lenders under the Company’s Credit Facility to include the Bank of Montreal.