Innovative Solutions & Support (ISSC) Misses Q4 EPS by 1c
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Innovative Solutions & Support, Inc. Announces Fourth Quarter and Full Year Fiscal 2022 Financial Results
December 14, 2022 4:05 PM ESTEXTON, 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 2022 ended September 30, 2022.
For the fourth quarter of fiscal 2022, IS&S reported net sales of $7.3 million, up 5.7% as compared to $6.9 million in the fourth quarter a year ago. The Company reported net income of $1.6 million, or $0.09 per share, an increase of 2.9% compared to $1.5 million, in the fourth quarter of fiscal 2021. IS&S recorded tax expense in the fourth quarter of fiscal 2022 of $0.7 million, compared to... More
