Innovative Solutions & Support, Inc. Announces First Quarter Fiscal 2021 Financial Results
Innovative Solutions and Support, Inc. (ISSC)
US:NASDAQ Investor Relations:
innovative-ss.com/investor-relations
Company Research
Source: Business Wire
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 Executive Officer of IS&S, said, “The results for the first quarter of fiscal 2021 reflect revenue growth, and positive cash flow compared to the year ago quarter. I am very pleased with the continued success we are experiencing growing our portfolio of production contracts for both retrofit and new production
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ISSC
Sec Filings
- 4/23/24 - Form 8-K
- 4/22/24 - Form 4
- 4/22/24 - Form 4
- ISSC's page on the SEC website