Innovative Solutions & Support (ISSC) Misses Q2 EPS by 5c
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Innovative Solutions & Support, Inc. Announces Second Quarter Fiscal 2015 Financial Results
May 6, 2015 4:30 PM EDTEXTON, Pa.--(BUSINESS WIRE)-- Innovative Solutions & Support, Inc. (NASDAQ: ISSC) today announced its financial results for the second quarter of fiscal 2015, ended March 31, 2015.
For the second quarter of fiscal 2015, the Company reported sales of $5.3 million, compared to sales of $12.5 million for the second quarter of fiscal 2014. The Company reported a second quarter 2015 net loss of $0.4 million, or $0.02 per share, compared to second quarter 2014 net income of $0.8 million, or $0.05 per share.
Geoffrey Hedrick, Chairman and Chief Executive Officer of Innovative Solutions & Support, Inc. (ISSC), said, Although the Company reported a loss... More
