---
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"
generated_at: "2026-06-02T01:36:12.526496+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IS&S Q2 fiscal 2024 sales up 46% to $10.7M; net income $0.07 per share

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-061118
- JSON: https://secwatch.observer/filing/0001104659-24-061118.json
- Plain text: https://secwatch.observer/filing/0001104659-24-061118.txt

## Key facts
- Earnings Releases
  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.
  - Period: second quarter of fiscal 2024 quarter ended March 31, 2024
  - Revenue: $10.7 million
  - Net income: $1.2 million
  - EPS: $0.07 per share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/836690/000110465924061118/0001104659-24-061118-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.