Innovative Solns Q4 EPS $0.15 Beats $0.09 Estimate, Sales $12.99M Beat $10.30M Estimate
Portfolio Pulse from Benzinga Newsdesk
Innovative Solutions (NASDAQ:ISSC) reported Q4 earnings of $0.15 per share, surpassing the $0.09 estimate by 66.67%, and a 66.67% increase from the previous year. Sales reached $12.99M, exceeding the $10.30M estimate by 26.14% and marking a 78.89% increase from the previous year.
December 20, 2023 | 9:16 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Innovative Solutions reported strong Q4 results with EPS of $0.15, beating estimates by 66.67%, and sales of $12.99M, exceeding estimates by 26.14%.
The significant beat on both earnings per share and sales estimates is likely to instill investor confidence and could lead to a short-term increase in ISSC's stock price. The reported growth compared to the same period last year further emphasizes the company's positive trajectory.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100