Innovative Solutions & Support (ISSC) Reports Q4 EPS of $0.09

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Innovative Solutions & Support, Inc. Announces Fourth Quarter and Full Year Fiscal 2021 Financial Results

December 8, 2021 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 fourth quarter and full fiscal year 2021 ended September 30, 2021.

For the fourth quarter of fiscal 2021, the Company reported net sales of $6.9 million up over 9% as compared to $6.3 million in the fourth quarter a year ago. The Company reported net income of $1.5 million, or $0.09 per share, an increase of 23% compared to $1.2 million, or $0.07 per share, in the fourth quarter of fiscal 2020. The Company recorded tax expense in the fourth quarter of fiscal 2021... More