ITG (Nasdaq: ITG) reported second quarter 2026 revenue of $404.6 million, up 38% year-over-year, with net income of $1.8 million. Adjusted EBITDA rose 21% to $52.2 million and free cash flow increased 66% to $44.8 million.
Next twelve‑month backlog reached $1.517 billion, versus $1.259 billion a year earlier, supported by strong broadband fiber awards from customers including Ziply Fiber and Intrepid Fiber Networks. Following quarter-end, ITG completed an initial public offering, using net proceeds primarily to repay debt.
For full‑year 2026, ITG’s outlook calls for revenue of $1.556 billion (+35% YoY) and Adjusted EBITDA of $202 million (+36% YoY), implying a 13.0% Adjusted EBITDA margin and a forecast effective tax rate of about 19%.
ITG (Nasdaq: ITG) will release its second quarter 2026 financial results on Wednesday, August 12, 2026, after the market close. Senior management will host a live webcast to review the results on Thursday, August 13, 2026 at 8:00 a.m. ET, accessible via the ITG Investor Relations website, with replay and supporting materials available afterward.
ITG (Nasdaq: ITG) closed its initial public offering of 22,439,025 Class A shares at $16.00 per share, including the full underwriters’ option of 2,926,829 shares. Trading on the Nasdaq Global Select Market began July 1, 2026 under ticker ITG.
The company received approximately $323.4 million in net proceeds, which it plans to use to repay outstanding debt under its revolving and term loan facilities and for general corporate purposes to support business growth.
ITG (Nasdaq: ITG) priced its initial public offering of 19,512,196 Class A shares at $16.00 per share. Underwriters have a 30-day option for up to 2,926,829 additional shares. Trading is expected to begin July 1, 2026, with closing on July 2, 2026.
ITG expects net proceeds of about $279.2 million, excluding any option exercise, to repay outstanding amounts under its revolving credit and term loan facilities.
ITG (Nasdaq: ITG) launched the roadshow for its proposed IPO of Class A common stock. The company is offering 19,512,196 shares, with underwriters holding a 30‑day option to buy up to an additional 2,926,829 shares from ITG and a selling stockholder.
The expected IPO price range is $19.00–$22.00 per share. According to ITG, net proceeds to the company will primarily repay borrowings under its revolving and term loan facilities, with any remainder for general corporate purposes. The IPO remains subject to SEC effectiveness and market conditions.