Innovative Solutions & Support (ISSC) Reports Q3 EPS of $0.00

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Innovative Solutions & Support, Inc. Announces Third Quarter Fiscal 2017 Financial Results

August 9, 2017 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 third quarter of fiscal 2017 ended June 30, 2017.

For the third quarter of fiscal 2017, the Company reported net sales of $4.5 million, compared to third quarter fiscal 2016 net sales of $6.5 million. Gross margins in the third quarter were 52% compared to 60% in the third quarter of fiscal 2016. The Company... More