Innovative Solutions & Support (ISSC) Reports Q1 Loss of $0.01/Share

Go back to Innovative Solutions & Support (ISSC) Reports Q1 Loss of $0.01/Share

Innovative Solutions & Support, Inc. Announces First Quarter Fiscal 2016 Financial Results

February 10, 2016 4:30 PM EST

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 2016 ended December 31, 2015.

For the first quarter of fiscal 2016, the Company reported sales of $6.6 million, compared to first quarter fiscal 2015 sales of $6.7 million. Gross profit for the first quarter of 2016 was up 20% from a year ago to $3.3... More