More Records. ISG announced revenue of $70.7 million for the second quarter, flat with the $70.6 million in the year ago period. On a constant currency basis, revenue rose 5%. The quarter had record net income of $5.0 million, or $0.10 fully diluted EPS, versus $4.1 million and $0.08 the previous year. Adjusted EBITDA also was a record at $10.7 million, a 10% increase year-over-year.Quarterly Drivers. Revenue was negatively impacted by a higher forex headwind than anticipated. In addition, the completion of a large Automation contract and relatively soft environment in the vertical negatively impacted overall revenue. Nonetheless, ISG continues to see growing demand for specialized services like cybersecurity, data analytics, application development, and technology modernization as well as an increased focus from clients on cost optimization. Read More >>