07:10 AM EDT, 05/07/2025 (MT Newswires) -- Information Services (ISC.TO) overnight Tuesday reported higher first-quarter adjusted net income and revenue.

Net income, adjusted to exclude most one-time items, increased to $11.4 million or $0.61 per diluted share, from $8.5 million or $0.47 per diluted share in the previous corresponding quarter. The increase reflects strong operating results across all operating segments and lower net finance expense, the company said.

Revenue in the quarter increased 5% to $59.3 million. Growth was driven by higher volumes across the Saskatchewan Registries division of Registry Operations, combined with annual CPI pricing increases and new Bank Act Security Registry revenue.

The company declared a quarterly cash dividend of $0.23 per share, payable by July 15.

"It was another consistently strong performance by ISC for the first quarter of 2025. The diversification of our business and the resiliency of the Saskatchewan Registries division have been and will continue to generate strong results despite the company operating in a more uncertain macroeconomic backdrop," said Chief Executive Shawn Peters.