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ISC Declares Quarterly Dividend Information Services Corporation Regina, Saskatchewan, CANADA
REGINA, Saskatchewan, Aug. 04, 2021 (GLOBE NEWSWIRE) The Board of Directors of Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today declared a quarterly cash dividend of $0.20 per Class A Limited Voting Share ( Class A Share ). The dividend will be paid on or before October 15, 2021 to shareholders of record as of September 30, 2021.
The dividend has been designated as an eligible dividend pursuant to the Income Tax Act. An eligible dividend paid to a Canadian resident is entitled to the enhanced dividend tax credit. For further information on tax implications, please consult a tax advisor.
ISC Reports 2021 Second Quarter Financial Results
August 04, 2021 20:14 ET | Source: Information Services Corporation Information Services Corporation Regina, Saskatchewan, CANADA
REGINA, Saskatchewan, Aug. 04, 2021 (GLOBE NEWSWIRE) Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today reported on the Company’s financial results for the second quarter ended June 30, 2021.
2021 Second Quarter Highlights
Revenue was $44.6 million, an increase of $13.6 million or 44.0 per cent compared to the second quarter of 2020.
Net income was $6.5 million or $0.37 per basic share and $0.36 per diluted share compared to $4.5 million or $0.26 per basic and diluted share in the second quarter of 2020.
EBITDA (earnings before interest, taxes, depreciation and amortization expense) was $13.6 million compared to $9.2 million in the same quarter last year, an increase of $4.4 million.