Innovative Solutions & Support (ISSC) Swings to Q2 Profit

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

May 11, 2016 4:30 PM EDT

EXTON, Pa.--(BUSINESS WIRE)-- Innovative Solutions & Support, Inc. (IS&S or the Company) (NASDAQ: ISSC) today announced its financial results for the second quarter of fiscal 2016 ended March 31, 2016.

For the second quarter of fiscal 2016, the Company reported sales of $8.7 million, compared to second quarter fiscal 2015 sales of $5.3 million. Gross profit for the second quarter of 2016 was $5.9 million,... More