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8-K filed February 14, 2024, 6:59 PM ET ticker ISSC CIK 0000836690
earnings confidence high sentiment positive materiality 0.60

Innovative Solutions & Support Q1 net sales up 43% to $9.3M, net income up 51%

INNOVATIVE SOLUTIONS & SUPPORT INC

2024-Q1 EPS reported $0.06 revenue$9,308,063

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

INNOVATIVE SOLUTIONS & SUPPORT INC reported first quarter of fiscal 2024 ended December 31, 2023 results: revenue net sales of $9.3 million, up 43% from $6.5 million in the first quarter a year ago, net income net income of $1,057,350, or $0.06 per share, EPS or $0.06 per share.

Period
first quarter of fiscal 2024 ended December 31, 2023
Revenue
net sales of $9.3 million, up 43% from $6.5 million in the first quarter a year ago
Net income
net income of $1,057,350, or $0.06 per share
EPS
or $0.06 per share
Result
reported results
Exact text from the filing
Innovative Solutions & Support, Inc. (“IS&S” or the “Company”) (NASDAQ: ISSC) today announced its financial results for the first quarter of fiscal 2024, which ended December 31, 2023. For the first quarter of fiscal 2024, IS&S reported net sales of $9.3 million, up 43% from $6.5 million in the first quarter a year ago. The Company reported net income of $1,057,350, or $0.06 per share, increases of 51% and 50%, respectively, compared to $698,651, or $0.04 per share, in the first quarter of fiscal 2023.
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Source: SEC EDGAR
accession 0001104659-24-023636
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