Innovative Solutions & Support (NASDAQ:ISSC) is scheduled to be announcing its earnings results after the market closes on Wednesday, August 7th.
Innovative Solutions & Support (NASDAQ:ISSC) last issued its quarterly earnings results on Wednesday, May 8th. The aerospace company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). The firm had revenue of $4.20 million for the quarter. Innovative Solutions & Support had a negative return on equity of 3.24% and a negative net margin of 7.31%.
Shares of NASDAQ ISSC remained flat at $$5.67 during midday trading on Wednesday. 697 shares of the stock were exchanged, compared to its average volume of 31,194. Innovative Solutions & Support has a 1-year low of $2.02 and a 1-year high of $5.85. The company has a 50-day moving average price of $4.86.
In related news, Director Glen R. Bressner sold 24,000 shares of the firm’s stock in a transaction that occurred on Friday, May 17th. The shares were sold at an average price of $4.64, for a total value of $111,360.00. Following the sale, the director now directly owns 106,498 shares of the company’s stock, valued at $494,150.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 27.70% of the stock is currently owned by company insiders.
Innovative Solutions & Support Company Profile
Innovative Solutions and Support, Inc, a systems integrator, designs, manufactures, sells, and services flight guidance and cockpit display systems. It offers flat panel display systems that could replicate the display of analog or digital displays on one screen and could replace existing displays in legacy aircraft, as well as used for security monitoring on-board aircraft and as tactical workstations on military aircraft; flight management systems that complement the IS&S flat panel display system upgrade for commercial air transport aircraft; and integrated standby units, which incorporate the measurement and display of attitude, altitude, airspeed, and navigation data into a single standby/backup navigation instrument for military, commercial air transport, and corporate/general aviation applications.
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