Innovative Solutions and Support (ISSC) Expected to Announce Quarterly Earnings on Thursday

Innovative Solutions and Support (NASDAQ:ISSC) is projected to announce its earnings results after the market closes on Thursday, February 13th. Analysts expect the company to announce earnings of $0.15 per share and revenue of $13.89 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Innovative Solutions and Support (NASDAQ:ISSC) last posted its quarterly earnings data on Thursday, December 19th. The aerospace company reported $0.21 EPS for the quarter. Innovative Solutions and Support had a return on equity of 18.32% and a net margin of 14.83%.

Innovative Solutions and Support Stock Performance

ISSC opened at $10.74 on Tuesday. Innovative Solutions and Support has a twelve month low of $4.91 and a twelve month high of $12.17. The company has a current ratio of 4.77, a quick ratio of 3.02 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $188.38 million, a PE ratio of 26.85 and a beta of 1.03. The firm’s 50-day moving average price is $9.16 and its 200 day moving average price is $7.72.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Innovative Solutions and Support from a “buy” rating to a “hold” rating in a research report on Monday, February 3rd.

Insider Activity at Innovative Solutions and Support

In other Innovative Solutions and Support news, major shareholder Christopher Harborne sold 10,000 shares of the stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $10.16, for a total transaction of $101,600.00. Following the completion of the sale, the insider now directly owns 2,599,769 shares in the company, valued at approximately $26,413,653.04. This trade represents a 0.38 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold a total of 263,623 shares of company stock valued at $2,911,665 over the last 90 days. 3.70% of the stock is owned by corporate insiders.

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.