Innovative Solutions and Support is trading 10.83% up now at $22.31 after fiscal third-quarter adjusted EPS and revenue exceeded expectations.

  • Adjusted EPS reached $0.33 versus the $0.24 consensus; revenue rose 10.7% to $26.73 million, beating estimates by 9.56%.
  • GAAP net income was $4.5 million, or $0.25 per diluted share, compared with $2.4 million and $0.14 per share a year earlier.