Innovative Solutions & Support (ISSC) Reports Q1 EPS of $0.07

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Innovative Solutions & Support, Inc. Announces Significant Increase in First Quarter Fiscal 2022 Revenues and Earnings

February 9, 2022 4:30 PM EST

Board Promotes Dr. Shahram Askarpour from President to CEO to Continue Successful Implementation of Corporate Strategy

All Mourn Recent Loss of Founder Geoff Hedrick

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 year 2022, which ended December 31, 2021.

For the first quarter of fiscal 2022, the Company reported net sales of $6.7 million, up 38% as compared to $4.9 million in the first quarter a year ago. The Company reported a 372%... More