Innovative Solutions and Support Inc reports results for the quarter ended December 31 - Earnings Summary

• Innovative Solutions and Support Inc ISSC.OQ reported quarterly adjusted earnings of 4 cents​​ per share for the quarter ended December 31. The mean expectation of two analysts for the quarter was for earnings of 12 cents per share. Wall Street expected results to range from 9 cents to 15 cents per share.

• Revenue was $15.97 million​; analysts expected $12.23 million.

• Innovative Solutions and Support Inc's reported EPS for the quarter was 4 cents​.

• The company reported quarterly net income of $736.19 thousand.

• Innovative Solutions and Support Inc shares had risen by 30.4% this quarter.

FORECAST CHANGES

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the aerospace & defense peer group is "buy."

Wall Street's median 12-month price target for Innovative Solutions and Support Inc is $10.65

This summary was machine generated from LSEG data February 13 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)