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ISG Beats Q2 Estimates, AI Revenue Soars 64%

ISG's Q2 revenue and EBITDA beat guidance, AI revenue rises 64%, and recurring revenue hits record $30M. Stonegate updates coverage on NASDAQ: III.

This news matters because it signals that Information Services Group is successfully capitalizing on the AI boom, not just as a service provider but also by integrating AI into its own operations to boost efficiency and margins. The record recurring revenue and strong pipeline suggest sustained growth, which is important for investors and clients who rely on ISG's advisory services. For the broader market, it indicates that AI-related consulting and governance services are becoming increasingly critical, and companies that adapt early can see significant financial benefits.