KC-46A

Innovative Solutions & Support, Inc. Announces First Quarter Fiscal 2023 Financial Results

Retrieved on: 
Tuesday, February 14, 2023
Engineering, Other Manufacturing, Aerospace, Manufacturing, ISSC, Support, KC-46A, Hand, Innovative Solutions In Space, IS, OEM, Pilatus, Cryptocurrency, Video game

Innovative Solutions & Support, Inc. (“IS&S” or the “Company”) (NASDAQ: ISSC) today announced its financial results for the first quarter of fiscal year 2023, which ended December 31, 2022.

Key Points: 
  • Innovative Solutions & Support, Inc. (“IS&S” or the “Company”) (NASDAQ: ISSC) today announced its financial results for the first quarter of fiscal year 2023, which ended December 31, 2022.
  • For the first quarter of fiscal 2023, net sales were $6.5 million compared to $6.7 million in the first quarter a year ago.
  • Gross profit in the first quarter of 2023 was $3.7 million compared to $4.0 million in the first quarter of 2022.
  • Tax expense in the first quarter of fiscal 2023 was $0.2 million, compared to $0.3 million in the first quarter of fiscal 2022.

Innovative Solutions & Support, Inc. Announces Third Quarter Fiscal 2022 Revenues and Earnings

Retrieved on: 
Wednesday, August 10, 2022
Engineering, Technology, Aerospace, Manufacturing, Other Manufacturing, Hardware, U.S. Securities and Exchange Commission, Hand, CFO, Parchi, Growth, Private Securities Litigation Reform Act, Board, Original equipment manufacturer, Security (finance), Financial management, Income, Company, Flight management system, Retirement, GPS, NASDAQ, FMS, KC-46A, ISSC, Innovative Solutions In Space, Support, Investor relations, Video game, Tutoring

Innovative Solutions & Support, Inc. ("IS&S" or the "Company") (NASDAQ: ISSC) today announced its financial results for the third quarter and first nine months of fiscal year 2022, ending June 30, 2022.

Key Points: 
  • Innovative Solutions & Support, Inc. ("IS&S" or the "Company") (NASDAQ: ISSC) today announced its financial results for the third quarter and first nine months of fiscal year 2022, ending June 30, 2022.
  • For the third quarter of fiscal 2022, the Company reported net sales of $6.9 million, up from 12% from $6.2 million reported for the third quarter of fiscal 2021.
  • Net income for the third quarter of fiscal 2022 was $1.4 million, or $0.08 per share, compared to $2.7 million, or $0.16 per share, in the same quarter a year ago.
  • New orders in the third quarter of fiscal 2022 were approximately $12.0 million and backlog as of June 30, 2022, was $12.6 million, up from $7.5 million at March 31, 2022.

Innovative Solutions & Support, Inc. Announces Significant Increase in Second Quarter Fiscal 2022 Revenues and Earnings

Retrieved on: 
Wednesday, May 11, 2022
Engineering, Technology, Aerospace, Manufacturing, Other Technology, Other Manufacturing, Hardware, Income, ISSC, Company, Private Securities Litigation Reform Act, U.S. Securities and Exchange Commission, Original equipment manufacturer, Pilatus PC-24, Contract, NASDAQ, Pilatus, Flight management system, Innovative Solutions In Space, Investor relations, KC-46A, FMS, Atmosphere, GPS, Support, Security (finance), Hand, Video game, Online gambling

Innovative Solutions & Support, Inc. (IS&S or the Company) (NASDAQ: ISSC) today announced its financial results for the second quarter and first six months of fiscal year 2022, which ended March 31, 2022.

Key Points: 
  • Innovative Solutions & Support, Inc. (IS&S or the Company) (NASDAQ: ISSC) today announced its financial results for the second quarter and first six months of fiscal year 2022, which ended March 31, 2022.
  • For the second quarter of fiscal 2022, the Company reported net sales of $6.8 million, up 34% as compared to $5.1 million in the second quarter a year ago.
  • The Company reported a 135% increase in net income to $1.4 million, or $0.08 per share, compared to the second quarter of fiscal 2021.
  • New orders in the second quarter of fiscal 2022 were approximately $8.2 million and backlog as of March 31, 2022, was $7.5 million.

Innovative Solutions & Support, Inc. Announces Significant Increase in First Quarter Fiscal 2022 Revenues and Earnings

Retrieved on: 
Wednesday, February 9, 2022
Aerospace, Manufacturing, Air, Transport, Engineering, NASDAQ, Board of directors, GPS, Private Securities Litigation Reform Act, Industry, Air travel, Flying (magazine), Contract, Engineering, U.S. Securities and Exchange Commission, Income, Original equipment manufacturer, Pilatus PC-24, KC-46A, GE Aviation Systems, Pilatus, Board, Company, FMS, Marketing, Leadership, Investor relations, Director, Hand, Innovative Solutions In Space, ISSC, AOPA, IS, Safety, Publication, Security (finance), Humour, Family, Organization, Flight management system, Aviation, BAE Systems Avionics, Support, Cryptocurrency, Video game, Management

Innovative Solutions & Support, Inc. (IS&S or the Company) (NASDAQ: ISSC) today announced its financial results for the first quarter of fiscal year 2022, which ended December 31, 2021.

Key Points: 
  • Innovative Solutions & Support, Inc. (IS&S or the Company) (NASDAQ: ISSC) today announced its financial results for the first quarter of fiscal year 2022, which ended December 31, 2021.
  • For the first quarter of fiscal 2022, the Company reported net sales of $6.7 million, up 38% as compared to $4.9 million in the first quarter a year ago.
  • The Company reported a 372% increase in net income to $1.1 million, or $0.07 per share, compared the first quarter of fiscal 2021.
  • New orders in the first quarter of fiscal 2022 were approximately $3.8 million and backlog as of December 31, 2021, was $6.2 million.

Innovative Solutions & Support, Inc. Announces Fourth Quarter and Full Year Fiscal 2021 Financial Results

Retrieved on: 
Wednesday, December 8, 2021
Air, Technology, Satellite, Transport, Aerospace, Manufacturing, U.S. Securities and Exchange Commission, ISSC, Company, Original equipment manufacturer, IS, Supplemental type certificate, Autothrottle, Contract, Security (finance), CJ, Hand, Private Securities Litigation Reform Act, European Aviation Safety Agency, TCCA, Innovative Solutions In Space, STC, KC-46A, GPS, EASA, Pilatus, Support, Flight management system, Pilatus PC-24, NASDAQ, FMS, Transport Canada, Investor relations, Cryptocurrency

Innovative Solutions & Support, Inc. (IS&S or the Company) (NASDAQ: ISSC) today announced its financial results for the fourth quarter and full fiscal year 2021 ended September 30, 2021.

Key Points: 
  • Innovative Solutions & Support, Inc. (IS&S or the Company) (NASDAQ: ISSC) today announced its financial results for the fourth quarter and full fiscal year 2021 ended September 30, 2021.
  • For the fourth quarter of fiscal 2021, the Company reported net sales of $6.9 million up over 9% as compared to $6.3 million in the fourth quarter a year ago.
  • The Company recorded tax expense in the fourth quarter of fiscal 2021 of $0.4 million, no tax expense was incurred in the fourth quarter of fiscal 2020.
  • New orders in the fourth quarter of fiscal 2021 were approximately $6.5 million and backlog as of September 30, 2021 was $9.1 million.

Innovative Solutions & Support, Inc. Announces Third Quarter Fiscal 2021 Financial Results

Retrieved on: 
Wednesday, August 11, 2021
Air, Transport, Aerospace, Manufacturing, Engineering, NASDAQ, Original equipment manufacturer, Boeing, 757, Innovative Solutions In Space, Contract, Flying (magazine), Company, IS, Private Securities Litigation Reform Act, Income, Aviation, Security (finance), Flight management system, Growth, Pilatus, Hand, GPS, Atmosphere, U.S. Securities and Exchange Commission, ISSC, KC-46A, OEM, Pilatus PC-24, Beechcraft Super King Air, Support, FMS, Investor relations, Animal

Innovative Solutions & Support, Inc. (IS&S or the Company) (NASDAQ: ISSC) today announced its financial results for the third quarter of fiscal 2021, ended June 30, 2021.

Key Points: 
  • Innovative Solutions & Support, Inc. (IS&S or the Company) (NASDAQ: ISSC) today announced its financial results for the third quarter of fiscal 2021, ended June 30, 2021.
  • For the third quarter of fiscal 2021, the Company reported net sales of $6.2 million up 3% from the third quarter a year ago.
  • New orders in the third quarter of fiscal 2021 were approximately $9.0 million and backlog as of June 30, 2021 increased 40% to $9.5 million, up from $6.7 million at March 31, 2021.
  • Net income in the first nine months of fiscal 2021 included $1.4 million of tax benefits, primarily those recognized in the third quarter as noted above.