ISSC - Earnings announcements

Innovative Solutions & Support, Inc. (NASDAQ:ISSC) dba Innovative Aerosystems and its subsidiaries ("IA") or the "Company", a leading provider of advanced avionic solutions for commercial, business, and military aviation markets, today announced its fiscal 2026 second quarter financial results for the three-month period ended March 31, 2026. SECOND QUARTER FISCAL 2026 HIGHLIGHTS (all comparisons versus the prior year period) Net sales of $22.4 million, +2.0% Gross profit of $11.4 million; gross margin of 51.1% Net Income of $3.4 million, or $0.19 per diluted share Adjusted Net Income(1) of $4.8 million, or $0.26 per diluted share EBITDA(1) of $5.9 million; Adjusted EBITDA

Innovative Solutions & Support, Inc. d/b/a Innovative Aerosystems ("IA" or the "Company") (NASDAQ:ISSC), today announced that it will release second quarter 2026 results before the market opens on Thursday, May 14, 2026. A conference call will be held that same day at 10:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's website at https://iascorp.com/investor-relations/. Individuals can also participate by teleconference dial-in. To listen to a live broadcast, go to the site at lea

Innovative Solutions & Support, Inc. (NASDAQ:ISSC) dba Innovative Aerosystems and its subsidiaries ("IA" or the "Company"), a leading provider of advanced avionic solutions for commercial, business, and military aviation markets, today announced its fiscal 2026 first quarter financial results for the three-month period ended December 31, 2025. FIRST QUARTER FISCAL 2026 HIGHLIGHTS (all comparisons versus the prior year period) Net sales of $21.8 million, +36.5% Gross profit of $11.9 million; gross margin of 54.5% Net Income of $4.1 million, or $0.22 per diluted share Adjusted Net Income(1) of $4.5 million, or $0.25 per diluted share EBITDA(1) of $7.4 million, +171.9% Ad

Innovative Solutions & Support, Inc. d/b/a Innovative Aerosystems ("IA" or the "Company") (NASDAQ:ISSC), today announced that it will release first quarter 2026 results before the market opens on Thursday, February 12, 2026. A conference call will be held that same day at 10:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's website at https://iascorp.com/investor-relations/. Individuals can also participate by teleconference dial-in. To listen to a live broadcast, go to the site at

Innovative Solutions & Support, Inc. (NASDAQ:ISSC) dba Innovative Aerosystems and its subsidiaries ("IA" or the "Company"), a leading provider of advanced avionic solutions for commercial, business aviation and military markets, today announced its financial results for its fiscal 2025 fourth quarter and full year ended September 30, 2025. FOURTH QUARTER FISCAL 2025 HIGHLIGHTS (all comparisons versus the prior year period) Net sales of $22.2 million, +44.6% Gross profit of $14.1 million; gross margin of 63.2% Net Income of $7.1 million, or $0.39 per diluted share EBITDA(1) of $10.7 million, +116% Adjusted EBITDA(1) of $9.6 million, +71.1% Operating cashflow of $3.0 million, +40

Innovative Solutions & Support, Inc. d/b/a Innovative Aerosystems ("IA" or the "Company") (NASDAQ:ISSC), today announced that it will release fourth quarter and full-year 2025 results before the market opens on Thursday, December 18, 2025. A conference call will be held that same day at 10:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's website at https://iascorp.com/investor-relations/. Individuals can also participate by teleconference dial-in. To listen to a live broadcast, go

Innovative Solutions & Support, Inc. (NASDAQ:ISSC) ("IS&S" or the "Company"), a leading provider of advanced avionic solutions for commercial, business aviation and military markets, today reported fiscal third quarter financial results for the three-month period ended June 30, 2025. THIRD QUARTER 2025 HIGHLIGHTS (all comparisons versus the prior year period unless otherwise noted) Net revenue of $24.1 million, +105.2% Gross profit of $8.6 million; gross margin of 35.6% Net Income of 2.4 million, or $0.14 per diluted share Adjusted EBITDA(1) of $4.4 million, +43.3% Ratio of net debt to trailing twelve-month Adjusted EBITDA of 1.1x as of June 30, 2025 (1) Adjusted

Innovative Solutions & Support, Inc. (NASDAQ:ISSC) ("IS&S" or the "Company"), today announced that it will release third quarter 2025 results before the market opens on Thursday, August 14, 2025. A conference call will be held that same day at 10:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's website at https://innovative-ss.com/iss-investor-relations/. Individuals can also participate by teleconference dial-in. To listen to a live broadcast, go to the site at least 15 minutes p

Innovative Solutions & Support, Inc. (NASDAQ:ISSC) ("IS&S" or the "Company"), a leading provider of advanced avionic solutions for commercial, business aviation and military markets, today reported fiscal second quarter financial results for the three-month period ended March 31, 2025. SECOND QUARTER 2025 HIGHLIGHTS (all comparisons versus the prior year period unless otherwise noted) Net revenue of $21.9 million, +104% Gross profit of $11.3 million; gross margin of 51.4% Net Income of $5.3 million, or $.30 per diluted share Adjusted EBITDA(1) of $7.7 million, +219 % Ratio of net debt to trailing twelve-month Adjusted EBITDA of 1.4x as of March 31, 2025 (1)   Adjusted E

Innovative Solutions & Support, Inc. (NASDAQ:ISSC) ("IS&S" or the "Company"), today announced that it will release second quarter 2025 results after the market closes on Wednesday, May 14, 2025. A conference call will be held on Thursday, May 15 at 9:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's website at https://innovative-ss.com/iss-investor-relations/. Individuals can also participate by teleconference dial-in. To listen to a live broadcast, go to the site at least 15 minute

Innovative Solutions & Support, Inc. (NASDAQ:ISSC) ("IS&S" or the "Company"), a leading provider of advanced avionic solutions for commercial, business aviation and military markets, today reported fiscal first quarter financial results for the three-month period ended December 31, 2024. FIRST QUARTER 2025 HIGHLIGHTS (all comparisons versus the prior year period unless otherwise noted) Net revenue of $16.0 million, +71.6% Gross profit of $6.6 million; gross margin of 41.4% Net Income of $0.7 million, or $0.04 per diluted share Adjusted EBITDA(1) of $3.1 million, +24% Ratio of net debt to trailing twelve-month Adjusted EBITDA of 1.8x as of December 31, 2024 (1) A

Innovative Solutions & Support, Inc. (NASDAQ:ISSC) ("IS&S" or the "Company"), today announced that it will release first quarter 2025 results after the market closes on Thursday, February 13, 2025. A conference call will be held that same day at 5:00 p.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's website at https://innovative-ss.com/iss-investor-relations/. Individuals can also participate by teleconference dial-in. To listen to a live broadcast, go to the site at least 15 minutes

Innovative Solutions & Support, Inc. (NASDAQ:ISSC) ("IS&S" or the "Company"), a leading provider of advanced avionic solutions for commercial, business aviation and military markets, today reported financial results for the three- and twelve-month periods ended September 30, 2024. FOURTH QUARTER 2024 HIGHLIGHTS (all comparisons versus the prior year period unless otherwise noted) Net revenue of $15.4 million, +18.4% over the comparable quarter last year Gross profit of $8.5 million; gross margin of 55.4% Net Income of $3.2 million, or $0.18 per diluted share Adjusted EBITDA(1) of $5.6 million, +16.9% over the comparable quarter last year Ratio of net debt to trailing twelv

Innovative Solutions & Support, Inc. (NASDAQ:ISSC) ("IS&S" or the "Company"), today announced that it will issue fourth quarter 2024 results after the market closes on Thursday, December 19, 2024. A conference call will be held that same day at 5:00 p.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's website at https://innovative-ss.com/iss-investor-relations/events-presentations/. Individuals can also participate by teleconference dial-in. To listen to a live broadcast, go to the site

Innovative Solutions & Support, Inc. (NASDAQ:ISSC) ("IS&S" or the "Company"), a company specializing in the engineering, manufacturing, and supply of advanced avionic solutions, today reported financial results for the three and nine months ended June 30, 2024. Investors are encouraged to read the Company's quarterly report on Form 10-Q when it is filed with the Securities and Exchange Commission (the "SEC"), which will contain additional details, and will be posted at www.innovative-ss.com. THIRD QUARTER 2024 HIGHLIGHTS (all comparisons versus the prior year period unless otherwise noted) Net revenue of $11.8 million, +47.8% Gross profit of $6.3 million, +32.6%; gross margin of 53.

Innovative Solutions & Support, Inc. (NASDAQ:ISSC) ("IS&S" or the "Company"), today announced that it will release third quarter 2024 results before the market opens on Friday, August 9, 2024. A conference call will be held that same day at 9:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's website at https://innovative-ss.com/iss-investor-relations/. Individuals can also participate by teleconference dial-in. To listen to a live broadcast, go to the site at least 15 minutes prior

Innovative Solutions & Support, Inc. ("IS&S" or the "Company") (NASDAQ:ISSC) today announced its financial results for the second quarter of fiscal 2024, which ended March 31, 2024. For the second quarter of fiscal 2024, IS&S reported net sales of $10.7 million, up 46% from $7.3 million in the second quarter a year ago. The Company reported net income of $1.2 million, or $0.07 per share, compared to net income of $1.3 million, or $0.07 per share, in the second quarter of fiscal 2023. Sales and earnings in the second quarter of 2024 continued to benefit from the product lines acquired from Honeywell International, Inc. ("Honeywell") pursuant to an exclusive license and asset acquisition

Innovative Solutions & Support, Inc. (the "Company") (NASDAQ:ISSC) today announced it will release second quarter of fiscal 2024 financial results on Monday, May 13, 2024 before the market opens. In connection with this announcement, the Company will hold a conference call to discuss its results later that same day at 10:00 a.m. eastern time. This conference call can be accessed by calling domestically 1-844-739-3798 or Internationally 1-412-317-5714. No reservation number is necessary; however, it is advised that interested parties access the call-in number 5 to 10 minutes prior to the scheduled start time to avoid delays. The Company will also host a live webcast of this conference call

Innovative Solutions & Support, Inc. ("IS&S" or the "Company") (NASDAQ:ISSC) today announced its financial results for the first quarter of fiscal 2024, which ended December 31, 2023. For the first quarter of fiscal 2024, IS&S reported net sales of $9.3 million, up 43% from $6.5 million in the first quarter a year ago. The Company reported net income of $1,057,350, or $0.06 per share, increases of 51% and 50%, respectively, compared to $698,651, or $0.04 per share, in the first quarter of fiscal 2023. Gross profit in the first quarter of 2024 was $5.5 million, or 59.3% of sales, compared to $3.7 million, or 57.1% of sales in the first quarter of 2023. Sales and earnings in the first q

Innovative Solutions & Support, Inc. (the "Company") (NASDAQ:ISSC) announced today that the Company will release results for the first quarter of fiscal 2024 on Wednesday, February 14, 2024 after the market closes. The Company will host a conference call on February 15, 2024 beginning at 10:00 AM ET to discuss the results. Participants may access the call by calling domestically 1-844-739-3798 or Internationally 1-412-317-5714 and requesting to join the Innovative Solutions & Support, Inc. earnings call. A live webcast will be also be available at https://innovative-ss.com/investor-relations/events-presentations/. About Innovative Solutions & Support, Inc. Headquartered in Exton, Pa.,

Innovative Solutions & Support, Inc. ("IS&S" or the "Company") (NASDAQ:ISSC) today announced its financial results for the fourth quarter and full fiscal year 2023, which ended September 30, 2023. For the fourth quarter of fiscal 2023, IS&S reported net sales of $13 million, up 79% from $7.3 million in the fourth quarter a year ago. The Company reported net income of $2.6 million, or $0.15 per share, increases of 63% and 67%, respectively, compared to $1.6 million, or $0.09 per share, in the fourth quarter of fiscal 2022. Gross profit in the fourth quarter of 2023 was $8.1 million, or 62% of sales, compared to $4.5 million, also 62% of sales in the fourth quarter of 2022. The increase

Innovative Solutions & Support, Inc. (the "Company") (NASDAQ:ISSC) announced today that the Company will release results for the fourth quarter and full year fiscal 2023 on Wednesday, December 20, 2023 after the market closes. The Company will host a conference call on December 21, 2023 beginning at 10:00 AM ET to discuss the results. Participants may access the call by calling domestically 1-844-739-3798 or Internationally 1-412-317-5714 and requesting to join the Innovative Solutions & Support, Inc. earnings call. A live webcast will be also be available at https://innovative-ss.com/investor-relations/events-presentations/. About Innovative Solutions & Support, Inc. Headquartered in

Innovative Solutions & Support, Inc. ("IS&S" or the "Company") (NASDAQ:ISSC) today announced its financial results for the third quarter of fiscal year 2023, which ended June 30, 2023. For the third quarter of fiscal 2023, net sales increased 14.8% to $8.0 million compared to $6.9 million in the third quarter a year ago. Gross profit in the third quarter of 2023 was $4.7 million, or 59.5% of sales, compared to $4.1 million, or 58.5% of sales in the third quarter of 2022. The Company reported net income of $1.4 million, or $0.08 per share in the third quarter, which was flat to prior year third quarter. The net income reflects an increase in sales at a relatively consistent gross profit, w

Innovative Solutions & Support, Inc. (the "Company") (NASDAQ:ISSC) announced today that the Company will release results for the third quarter 2023 on Wednesday, August 9, 2023 after the market closes. The Company will host a conference call on August 10, 2023 beginning at 10:00 AM EDT to discuss the results. Participants may access the call by calling domestically 1-844-739-3798 or Internationally 1-412-317-5714 and requesting to join the Innovative Solutions & Support, Inc. earnings call. A live webcast will be also be available at https://innovative-ss.com/investor-relations/events-presentations/. About Innovative Solutions & Support, Inc. Headquartered in Exton, Pa., Innovative So

Acquisition expected to be accretive in fiscal year 2024 with opportunity to expand post-integration New Bank Facility Secured Innovative Solutions & Support, Inc. ("IS&S" or the "Company") (NASDAQ:ISSC) today announced that it has entered into an exclusive license and acquired key assets for certain Inertial, Communication and Navigation product lines from Honeywell International, Inc.. Shahram Askarpour, Chief Executive Officer, said, "We are pleased to announce the exclusive licensing of these product lines from Honeywell Aerospace. This is a unique opportunity that enhances our current offerings in the Air Transport, Military and Business Aviation markets. In addition, there are p

Innovative Solutions & Support, Inc. ("IS&S" or the "Company") (NASDAQ:ISSC) today announced its financial results for the second quarter of fiscal year 2023, which ended March 31, 2023. For the second quarter of fiscal 2023, net sales increased 7.2% to $7.3 million compared to $6.8 million in the second quarter a year ago. Gross profit in the second quarter of 2023 was $4.7 million, or 64.6% of sales, compared to $4.2 million, or 61.1% of sales in the second quarter of 2022. The Company reported net income of $1.3 million, or $0.07 per share in the second quarter, compared to $1.4 million, or $0.08 per share in the second quarter of fiscal 2022. The modest decrease in net income was driv

Innovative Solutions & Support, Inc. (the "Company") (NASDAQ:ISSC) announced today that the Company will release results for the second quarter 2023 on Monday, May 8, 2023 after the market closes. Following the news release, the Company will host a conference call the same day at 4:30 pm ET to discuss the results. Participants may access the call by calling 1-877-451-6152 or 1-201-389-0879, and requesting to join the Innovative Solutions & Support, Inc. earnings call. A live webcast will be also be available at https://innovative-ss.com/investor-relations/events-presentations/. A telephonic replay will be available shortly after the call and until May 22, 2023. Participants may access t

Innovative Solutions & Support, Inc. ("IS&S" or the "Company") (NASDAQ:ISSC) today announced its financial results for the first quarter of fiscal year 2023, which ended December 31, 2022. For the first quarter of fiscal 2023, net sales were $6.5 million compared to $6.7 million in the first quarter a year ago. Gross profit in the first quarter of 2023 was $3.7 million compared to $4.0 million in the first quarter of 2022. The Company reported net income of $0.7 million, or $0.04 per share in the first quarter, compared to $1.1 million, or $0.07 per share in the first quarter of fiscal 2022. The decrease in net income was driven by increases in general and administrative expenses, mainly a

Innovative Solutions & Support, Inc. (the "Company") (NASDAQ:ISSC) announced today that the Company will release results for the first quarter of fiscal 2023 (period ended December 31, 2022) on Tuesday, February 14, 2023, after the market closes. Following the news release, the Company will host a conference call the same day at 4:30 pm ET to discuss the results. Participants may access the call by calling 1-877-451-6152 or 1-201-389-0879, and request to join the Innovative Solutions & Support, Inc. earnings call. A live webcast will be also be available at https://innovative-ss.com/investor-relations/events-presentations/. A telephonic replay will be available shortly after the call and

Innovative Solutions & Support, Inc. ("IS&S" or the "Company") (NASDAQ:ISSC) today announced its financial results for the fourth quarter and full fiscal year 2022 ended September 30, 2022. For the fourth quarter of fiscal 2022, IS&S reported net sales of $7.3 million, up 5.7% as compared to $6.9 million in the fourth quarter a year ago. The Company reported net income of $1.6 million, or $0.09 per share, an increase of 2.9% compared to $1.5 million, in the fourth quarter of fiscal 2021. IS&S recorded tax expense in the fourth quarter of fiscal 2022 of $0.7 million, compared to $0.4 million in the fourth quarter of fiscal 2021. Shahram Askarpour, Chief Executive Officer of IS&S, said, "Th

Innovative Solutions & Support, Inc. (the "Company") (NASDAQ:ISSC) announced today that the Company will release results for the fourth quarter and fiscal year 2022 ended September 30, 2022 on Wednesday, December 14, 2022 after the market closes. Following the news release, the Company will host a conference call the same day at 4:30 pm ET to discuss the results. Participants may access the call by calling 1-877-451-6152 or 1-201-389-0879, and requesting to join the Innovative Solutions & Support, Inc. earnings call. A live webcast will be also be available at https://innovative-ss.com/investor-relations/events-presentations/. A telephonic replay will be available shortly after the call a

Innovative Solutions & Support, Inc. ("IS&S" or the "Company") (NASDAQ:ISSC) today announced its financial results for the third quarter and first nine months of fiscal year 2022, ending June 30, 2022. For the third quarter of fiscal 2022, the Company reported net sales of $6.9 million, up from 12% from $6.2 million reported for the third quarter of fiscal 2021. Net income for the third quarter of fiscal 2022 was $1.4 million, or $0.08 per share, compared to $2.7 million, or $0.16 per share, in the same quarter a year ago. Third quarter fiscal 2021 results include a $1.5 million, or $0.09 per share, tax benefit from the release of a deferred tax valuation allowance. The Company reported a

Innovative Solutions & Support, Inc. (NASDAQ:ISSC) announced today that the Company will release results for the third quarter 2022 (period ended June 30, 2022) on Wednesday, August 10, 2022, after the market closes. The Company will host a conference call the next day, Thursday, August 11, 2022, at 10:00 AM Eastern time, to discuss these results. Please use the following dial in number to register your name and company affiliation for the conference call: 1-844-739-3798. No conference ID is required. The call will also be carried live on the Investor Relations page of the Company website at http://www.innovative-ss.com and will be available for subsequent listening for 30 days. About In

Innovative Solutions & Support, Inc. ("IS&S" or the "Company") (NASDAQ:ISSC) today announced its financial results for the second quarter and first six months of fiscal year 2022, which ended March 31, 2022. For the second quarter of fiscal 2022, the Company reported net sales of $6.8 million, up 34% as compared to $5.1 million in the second quarter a year ago. The Company reported a 135% increase in net income to $1.4 million, or $0.08 per share, compared to the second quarter of fiscal 2021. Shahram Askarpour, Chief Executive Officer, said, "The second quarter builds on our solid start to the year, with 34% revenue growth compared to the year ago quarter and second quarter gross margin

Innovative Solutions & Support, Inc. (NASDAQ:ISSC) announced today that the Company will release results for the second quarter 2022 (period ended March 31, 2022) on Wednesday, May 11, 2022, after the market closes. The Company will host a conference call the next day, Thursday, May 12, 2022, at 10:00 AM Eastern time, to discuss these results. Please use the following dial in number to register your name and company affiliation for the conference call: 1-877-270-2148. No conference ID is required. The call will also be carried live on the Investor Relations page of the Company website at http://www.innovative-ss.com and will be available for subsequent listening for 30 days. About Innova

Board Promotes Dr. Shahram Askarpour from President to CEO to Continue Successful Implementation of Corporate Strategy All Mourn Recent Loss of Founder Geoff Hedrick Innovative Solutions & Support, Inc. ("IS&S" or the "Company") (NASDAQ:ISSC) today announced its financial results for the first quarter of fiscal year 2022, which ended December 31, 2021. For the first quarter of fiscal 2022, the Company reported net sales of $6.7 million, up 38% as compared to $4.9 million in the first quarter a year ago. The Company reported a 372% increase in net income to $1.1 million, or $0.07 per share, compared the first quarter of fiscal 2021. Shahram Askarpour, Chief Executive Officer, said, "Our

Innovative Solutions & Support, Inc. (NASDAQ:ISSC) announced today that the Company will release results for the first quarter 2022 (period ended December 31, 2021) on Wednesday, February 9, 2022, after the market closes. The Company will host a conference call the next day, Thursday, February 10, 2022, at 10:00 AM Eastern time, to discuss these results. Please use the following dial in number to register your name and company affiliation for the conference call: 1-877-270-2148. No conference ID is required. The call will also be carried live on the Investor Relations page of the Company website at http://www.innovative-ss.com and will be available for subsequent listening for 30 days. A

Innovative Solutions & Support, Inc. ("IS&S" or the "Company") (NASDAQ:ISSC) today announced its financial results for the fourth quarter and full fiscal year 2021 ended September 30, 2021. For the fourth quarter of fiscal 2021, the Company reported net sales of $6.9 million up over 9% as compared to $6.3 million in the fourth quarter a year ago. The Company reported net income of $1.5 million, or $0.09 per share, an increase of 23% compared to $1.2 million, or $0.07 per share, in the fourth quarter of fiscal 2020. The Company recorded tax expense in the fourth quarter of fiscal 2021 of $0.4 million, no tax expense was incurred in the fourth quarter of fiscal 2020. Geoffrey Hedrick, Chair

Innovative Solutions & Support, Inc. (NASDAQ:ISSC) announced today that the Company will release results for the fourth quarter 2021 (period ended September 30, 2021) on Wednesday, December 8, 2021 after the market closes. The Company will host a conference call the next day, Thursday, December 9, 2021 at 10:00 AM Eastern time, to discuss these results. Please use the following dial in number to register your name and company affiliation for the conference call: 1-877-270-2148. No conference ID is required. The call will also be carried live on the Investor Relations page of the Company website at www.innovative-ss.com and will be available for subsequent listening for 30 days. About Inn

EXTON, Pa., Aug. 11, 2021 (GLOBE NEWSWIRE) -- Innovative Solutions & Support, Inc. (NASDAQ:ISSC) announced today a new time for the Company's quarterly conference call. The call is still on Thursday, August 12, 2021, but has been rescheduled to begin at 11:00 AM Eastern time. Please use the following dial in number to register your name and company affiliation for the conference call: 1-877-270-2148. No conference ID is required. The call will also be carried live on the Investor Relations page of the Company website at www.innovative-ss.com and will be available for subsequent listening for 30 days. About Innovative Solutions & Support, Inc.Headquartered in Exton, Pa., Innovative Solut

Innovative Solutions & Support, Inc. ("IS&S" or the "Company") (NASDAQ:ISSC) today announced its financial results for the third quarter of fiscal 2021, ended June 30, 2021. For the third quarter of fiscal 2021, the Company reported net sales of $6.2 million up 3% from the third quarter a year ago. The Company reported net income of $2.7 million, or $0.16 per share, which includes a $1.5 million tax benefit from the release of the deferred tax valuation allowance, up 108% from the third quarter of fiscal 2020. Geoffrey Hedrick, Chairman and Chief Executive Officer of IS&S, said, "Revenues in the quarter were up both year-over-year, as well as sequentially from the second quarter of this y

Innovative Solutions & Support, Inc. (NASDAQ:ISSC) announced today that the Company will release results for the third quarter 2021 (period ended June 30, 2021) on Wednesday, August 11, 2021, after the market closes. The Company will host a conference call the next day, Thursday, August 12, 2021, at 10:00 AM Eastern time, to discuss these results. Please use the following dial in number to register your name and company affiliation for the conference call: 1-877-270-2148. No conference ID is required. The call will also be carried live on the Investor Relations page of the Company website at www.innovative-ss.com and will be available for subsequent listening for 30 days. About Innovativ

Innovative Solutions & Support, Inc. ("IS&S" or the "Company") (NASDAQ:ISSC) today announced its financial results for the second quarter of fiscal 2021, ended March 31, 2021. For the second quarter of fiscal 2021 the Company reported net sales of $5.1 million compared to $4.8 million in the second quarter a year ago. The Company reported net income of $0.6 million, or $0.04 per share, compared to $0.4 million or $0.03 per share, in the second quarter of fiscal 2020. Geoffrey Hedrick, Chairman and Chief Executive Officer of IS&S, said, "Over the past three months we grew revenues, generated positive cash flow and reported another profitable quarter, achieving the ongoing objectives that w

EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (“IS&S” or the “Company”) (NASDAQ: ISSC) today announced its financial results for the first quarter of fiscal 2021, ended December 31, 2020. For the first quarter of fiscal 2021, the Company reported net sales of $4.9 million, up from net sales of $4.5 million in the first quarter a year ago. The Company reported operating income of $232,000 and net income of $240,000, or $0.01 per share, in the first quarter of fiscal 2021, compared to operating income of $232,000 buoyed by interest income to a net income of $328,000, or $0.02 per share, in the first quarter of fiscal 2020. Geoffrey Hedrick, Chairman and Chief Exe

EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (“IS&S” or the “Company”) (NASDAQ: ISSC) today announced its financial results for the fourth quarter and full year fiscal 2020, ended September 30, 2020. For the fourth quarter of fiscal 2020, the Company reported net sales of $6.3 million, an increase of 31% from $4.8 million in the fourth quarter a year ago. The Company reported fourth quarter net income of $1.2 million, or $0.07 per share, compared to $1.0 million, or $0.06 per share, in the fourth quarter of fiscal 2019. Total sales for the fiscal year ended September 30, 2020, were $21.6 million, an increase of 23% from $17.6 million for full year 2019. The Com