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

Innovative Solutions and Support Inc ISSC.OQ reported quarterly adjusted earnings of 30 cents​​ per share for the quarter ended March 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 11 cents to 12 cents per share.

Revenue was $21.94 million​; analysts expected $14.23 million.

Innovative Solutions and Support Inc's reported EPS for the quarter was 30 cents​.

The company reported quarterly net income of $5.34 million.

Innovative Solutions and Support Inc shares had risen by 17.8% this quarter and lost 13.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 8% in the last three months.​

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."

Wall Street's median 12-month price target for Innovative Solutions and Support Inc is $10.75

This summary was machine generated from LSEG data May 14 at 09:00 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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.120.30Beat
Dec. 31 20240.120.04Missed

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