secwatch.observer — SEC 8-K summary
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Issuer:     INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)
CIK:        0000836690
Form:       8-K
Filed at:   2024-08-12T23:59:59+00:00
Accession:  0001104659-24-088234
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ISSC Q3 revenue $11.8M (+47.8% YoY); adjusted EBITDA $3.1M (+61%)
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- Net income $1.6M ($0.09 diluted EPS); adjusted net income $1.9M ($0.11 diluted EPS).
- Gross margin 53.4% (up from 52.0% in Q2 2024); operating margin 17.3%.
- Year-to-date free cash flow $4.8M, up from $0.8M; net leverage reduced to 0.8x from 2.9x post-Honeywell acquisition.
- Backlog $9.3M; new orders of $10.6M in Q3; Honeywell product lines driving growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/836690/000110465924088234/0001104659-24-088234-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/836690/000110465924088234/tm2421440d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-088234

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer