Company
TSE:ISV
Headquartered in Canada, Information Services Corporation (ISC) is the leading provider of registry and information management services for public data and records. ISC is focused on sustaining its core business while pursuing new growth opportunities. Throughout its history, the company has delivered value to its clients by providing solutions to manage, secure and administer information through its Registry Operations, Services and Technology Solutions segments.
107 stories · page 3 of 6
"This acquisition ensures that our Services segment maintains market leadership in the industry and provides our current and new customers with an expanded range of services,” ISC president and CEO Shawn Peters said
Antochow is currently the senior director, finance for the company and will succeed Shawn Peters as CFO. As announced in October this year, Peters will assume the role of Information Services' president and CEO on February 1 next year
The group manages and operates the Saskatchewan Land Registry on behalf of the government of Saskatchewan
The Saskatchewan-based firm has also declared a quarterly dividend of $0.23 per Class A voting share after increasing its expected annual dividend by 15% to $0.92 per share to reflect the strength of its current business and affirm its comm
The company told shareholders, the process to identify the successor for the chief financial officer position will be undertaken immediately
For the period ended June 30, 2021, the company reported revenue of $44.6 million, an increase of $13.6 million compared to the second quarter a year earlier
The company said revenue for the period rose 32% to $39.1 million as its indicators suggest that volumes should remain steady despite the pandemic
The company's net income for the year also rose as its cash balance climbed more 43% during 2020 to $33.9 million
The company said its 2021 results are expected to reflect its ability to manage through the COVID-19 related challenges
The collective agreement includes annual wage increases effective October 1 of each year, as well as a 1.25% retroactive increase for 2020
ISC reported third quarter revenue of $37.1 million
ISC posted C$31 million in revenue while its net income came in at C$4.5 million for the quarter
The company said Paragon’s tech-enabled assets now form part of a new ESC division called Recovery Solutions aimed at Canada’s major banks
CEO Jeff Stusek said Paragon is a "complementary business" that expands the firm's services solutions in the "credit life cycle from loan origination to recovery"
The three months to March 31, 2020, saw another rise in net income, revenue and margins compared to the same period in 2019
The tech group provides registry services for public records and operates and manages the Saskatchewan Land Registry
For the year ended December 2019, the company posted an 11.6% jump in revenue to $133 million, compared to $119.1 million in 2018
Archive
A glance at some of the day's highlights from the Proactive Investors US and Canada newswires
The Saskatchewan-based firm is expecting revenue of between C$135 million and C$139 million for the year
CEO Jeff Stusek said the company’s services business continued to be the primary engine of growth
