Innovative Solutions & Support, Inc. Announces Third Quarter Fiscal 2020 Financial Results
Innovative Solutions and Support, Inc. (ISSC)
US:NASDAQ Investor Relations:
innovative-ss.com/investor-relations
Company Research
Source: Business Wire
Recent OEM Contract with Textron Further Solidifies Growing ThrustSense® Auto-Throttle Franchise EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (“IS&S” or the “Company”) (NASDAQ: ISSC) today announced its financial results for the third quarter of fiscal 2020, ended June 30, 2020.For the third quarter of fiscal 2020, the Company reported net sales of $6.0 million, up 30% from $4.6 million in the third quarter a year ago. The Company reported third quarter net income of $1.3 million, or $0.07 per share, an increase of 146% and 133% respectively, as compared to the $0.5 million, or $0.03 per share, in the third quarter of fiscal 2019.Geoffrey Hedrick, Chairman and Chief Executive Officer of IS&S, said, “The necessary and prudent actions we implemented early on to reduce the impact of the pandemic have once again led to a strong performance. Revenues increased 30% in the third quarter as compared to the prior quarter, and we generated our best quarterly operating i
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- Innovative Solutions & Support, Inc. Announces New Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
- Innovative Solutions & Support, Inc. Announces New Chief Financial OfficerBusiness Wire
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