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INNOVATIVE SOLUTIONS & SUPPORT INC [ISSC]  posts $0.6987M profit as revenue falls 6.02% to $6.52M

INNOVATIVE SOLUTIONS & SUPPORT INC [ISSC] posts $0.6987M profit as revenue falls 6.02% to $6.52M

By USInMinutes
Published - Feb 19, 2023, 05:07 AM ET
Last Updated - Feb 20, 2023, 08:31 AM EST
EPS:0.04 Net Sales: $6.52M  
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INNOVATIVE SOLUTIONS & SUPPORT INC [ISSC] posted a profit of $0.6987M, marking a fall of 48.60% for this quarter.

Revenue fell to $6.52M this quarter compared to $6.93M in the previous quarter.

The Pennsylvania(PA)-based company’s earnings per share came in at 0.04, compared to 0.08 in the last report.

According to the latest quarterly report the company has filed with the SEC, current earnings were $0.6987M, down 48.60% from $1.36M.

The company’s net sales for the period were $6.52M, down 6.02%. Net sales in the previous quarter were $6.93M.

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