secwatch.observer — SEC 8-K summary
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Issuer:     INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)
CIK:        0000836690
Form:       8-K
Filed at:   2022-12-16T23:59:59+00:00
Accession:  0001104659-22-127533
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IS&S Q4 sales $7.3M (+5.7% YoY), net income $1.6M; FY sales $27.7M (+20.4% YoY), EPS $0.32
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- Net sales $7.3M in Q4 FY2022, up 5.7% from $6.9M a year ago; net income $1.6M ($0.09 per share).
- Full-year FY2022 sales $27.7M, up 20.4% from $23.0M; net income $5.5M ($0.32 per share) vs $5.1M ($0.29).
- Operating income $6.0M in FY2022, up 54.5% from $3.9M; cash on hand $17.3M with no debt.
- New orders in Q4 ~$6.5M; backlog $11.8M, supported by long-term programs (PC-24, King Air, KC-46A).
- CEO cites fourth consecutive year of revenue and earnings growth; cash flows from operations $6.1M for FY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/836690/000110465922127533/0001104659-22-127533-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/836690/000110465922127533/tm2232245d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-127533

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