Innovative Solutions And Support Inc. Reveals Advance In Q3 Bottom Line

Innovative Solutions And Support Inc. (ISSC) reported earnings for its third quarter that increased from the same period last year

The company's bottom line totaled $1.55 million, or $0.09 per share. This compares with $1.42 million, or $0.08 per share, in last year's third quarter.

Excluding items, Innovative Solutions And Support Inc. reported adjusted earnings of $1.89 million or $0.11 per share for the period.

The company's revenue for the quarter rose 47.9% to $11.77 million from $7.96 million last year.

Innovative Solutions And Support Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $1.55 Mln. vs. $1.42 Mln. last year.
-EPS (Q3): $0.09 vs. $0.08 last year.
-Revenue (Q3): $11.77 Mln vs. $7.96 Mln last year.

by RTTNews Staff Writer

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