{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-061118","form_type":"8-K","ticker":"ISSC","cik":"0000836690","company_name":"INNOVATIVE SOLUTIONS & SUPPORT INC","filed_at":"2024-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.115216+00:00","generated_at":"2026-06-02T01:36:12.526496+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"IS&S Q2 fiscal 2024 sales up 46% to $10.7M; net income $0.07 per share","bullets":["Net sales $10.7M, up 46% from $7.3M; net income $1.2M ($0.07 EPS) vs $1.3M ($0.07) prior year.","Includes ~$500K amortization and one-time costs from Honeywell acquisition; profitability rose excluding those items.","First-half operating cash flow $4.4M positive despite integration costs; new orders $6.6M and backlog $10.4M.","Backlog excludes long-term OEM programs (Pilatus PC-24, Textron King Air, Boeing T-7, KC-46A).","CEO cited double-digit sales momentum; welcomed new CFO Jeff DiGiovanni."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-061118","json":"https://secwatch.observer/filing/0001104659-24-061118.json","markdown":"https://secwatch.observer/filing/0001104659-24-061118.md","text":"https://secwatch.observer/filing/0001104659-24-061118.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/836690/000110465924061118/0001104659-24-061118-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/836690/000110465924061118/tm2414479d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T01:36:12.526496+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cf9122f574c4b26bfb1e07277912e34549d9302f","claim":"INNOVATIVE SOLUTIONS & SUPPORT INC reported second quarter of fiscal 2024 quarter ended March 31, 2024 results: revenue $10.7 million, net income $1.2 million, EPS $0.07 per share.","evidence_excerpt":"Innovative Solutions & Support, Inc. (“IS&S” or the “Company”) (NASDAQ: ISSC) today announced its financial results for the second quarter of fiscal 2024, which ended March 31, 2024. For the second quarter of fiscal 2024, IS&S reported net sales of $10.7 million, up 46% from $7.3 million in the second quarter a year ago. The Company reported net income of $1.2 million, or $0.07 per share, compared to net income of $1.3 million, or $0.07 per share, in the second quarter of fiscal 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/836690/000110465924061118/0001104659-24-061118-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of fiscal 2024 quarter ended March 31, 2024"},{"label":"Revenue","value":"$10.7 million"},{"label":"Net income","value":"$1.2 million"},{"label":"EPS","value":"$0.07 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}