Innovative Solutions and Support (NASDAQ:ISSC) Announces Quarterly Earnings Results

Innovative Solutions and Support (NASDAQ:ISSC) posted its quarterly earnings data on Thursday. The aerospace company reported $0.21 EPS for the quarter, Zacks reports. Innovative Solutions and Support had a return on equity of 16.62% and a net margin of 14.40%.

Innovative Solutions and Support Stock Up 1.4 %

Shares of NASDAQ ISSC opened at $7.50 on Friday. The firm’s 50-day moving average price is $7.51 and its two-hundred day moving average price is $6.77. The stock has a market capitalization of $131.25 million, a P/E ratio of 20.27 and a beta of 1.06. Innovative Solutions and Support has a 52-week low of $4.91 and a 52-week high of $9.00.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Innovative Solutions and Support from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 27th.

About Innovative Solutions and Support

Innovative Solutions and Support, Inc, a systems integrator, designs, develops, manufactures, sells, and services flight guidance, autothrottles, and cockpit display systems in the United States and internationally. It offers flat panel display systems that replicate the display of analog or digital displays on one screen and replace existing displays in legacy aircraft, as well as used for security monitoring on-board aircraft and as tactical workstations on military aircraft; and flight deck management system, a navigation and performance computer that upgrade for commercial air transport aircraft.