Innovative Solutions & Support (ISSC) Reports Q3 EPS of $0.03

Innovative Solutions & Support (NASDAQ: ISSC) reported Q3 EPS of $0.03, versus ($0.06) reported last year. Revenue for the quarter came in at $4.6 million, versus $3.4 million reported last year.

Geoffrey Hedrick, Chairman and Chief Executive Officer of IS&S, said, “Third quarter results for revenues, net income and cash flow, continue to reflect the steady improvement seen over the course of this fiscal year. In addition, during the quarter we received the first and only Federal Aviation Administration (FAA) Supplemental Type Certification (STC) for its patented ThrustSense® Autothrottle for retrofit in the King Air, a dual turbo prop aircraft. This STC serves as the foundation for additional STCs that we believe will open significant market opportunity.”

For earnings history and earnings-related data on Innovative Solutions & Support (ISSC) click here.

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