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ISC ”a strong company with a strong business model” says President and CEO

Friday, November 4, 2016 10:33
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The acquisition of ESC Corporate Services by Information Services Corp (TSE:ISV), the Saskatchewan-based provider of registry services, continues to look a wise one.

ESC, which now forms Information Services Corp’s (ISC’s) Services segment, was largely responsible for the group’s third quarter revenue rising to C$22.9mln from C$19.7mln in the same period of 2015.

President and CEO Jeff Stusek tells Proactive ”Our decision did exactly what we expected it to do.  The acquisition of ESC and essentially the beginning of our services segment is performing as we expected and had a really strong quarter and contributes very well to the bottom line of the company.”

”ISC is a strong company and it has a strong business model so we’re pleased with where we’re at. Again, it’s what we would’ve expected, but our company takes very seriously things like cost management and a strong, prudent approach to running the business and so we protect our margins and we run a very strong business”, Stusek added.

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