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Last $4.00 USD
Change Today +0.12 / 3.09%
Volume 31.8K
As of 8:10 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

innovative solutions & supp (ISSC) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/1/14 - $7.91
52 Week Low
10/20/14 - $2.38
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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innovative solutions & supp (ISSC) Details

Innovative Solutions and Support, Inc. a systems integrator, designs, manufactures, sells, and services flight guidance and cockpit display systems. The company provides 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. It also offers digital air data computers, which calculate various air data parameters, such as altitude, airspeed, vertical speed, angle of attack, and other information derived from the measure of air pressure; integrated air data computers and display units that calculate and convey air data information; altitude displays, which convey aircraft altitude measurements; airspeed displays, which convey various types of airspeed measurements; and altitude alerters that allow the pilot to select a desired cruising altitude, as well as provide warnings to pilots when an unacceptable deviation occurs. In addition, the company provides engine and fuel displays that convey information related to fuel and oil levels, and engine activity, such as oil and hydraulic pressure and temperature. It sells its products to commercial air transport carriers and corporate/general aviation companies, Department of Defense and its commercial contractors, aircraft operators, aircraft modification centers, foreign militaries, and various original equipment manufacturers. The company was founded in 1988 and is based in Exton, Pennsylvania.

146 Employees
Last Reported Date: 12/15/14
Founded in 1988

innovative solutions & supp (ISSC) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: $300.0K
Founder and Executive Chairman
Total Annual Compensation: $400.0K
Compensation as of Fiscal Year 2014.

innovative solutions & supp (ISSC) Key Developments

Innovative Solutions & Support Inc. announced delayed 10-Q filing

On 02/10/2015, Innovative Solutions & Support Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Innovative Solutions & Support Inc., Annual General Meeting, Apr 16, 2015

Innovative Solutions & Support Inc., Annual General Meeting, Apr 16, 2015., at 10:00 US Eastern Standard Time. Location: 720 Pennsylvania Drive. Agenda: To elect two Class III directors to the Board of Directors for terms of three years, or until their respective successors have been duly elected and qualified; to ratify the appointment of Grant Thornton LLP as the company's independent registered public accounting firm for the fiscal year ending September 30, 2015; and to transact any other business that may properly come before the meeting.

Innovative Solutions & Support Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended December 31, 2014

Innovative Solutions & Support Inc. announced unaudited consolidated earnings results for the first quarter ended December 31, 2014. For the first quarter, the company reported net sales of $6.724 million compared to $11.105 million a year ago. Operating income was $0.166 million against $1.408 million a year ago. Income before income taxes was $0.183 million against $1.424 million a year ago. Net income was $0.593 million or $0.03 per diluted share against $1.008 million or $0.06 per basic and diluted share a year ago. Cash used in operating activities was $726,000 in the quarter primarily due to a $1.8 million reduction in accruals and payments of accounts payable.


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