Innovative Solutions & Support Shares Rise 37% After 2Q Rev Doubles From Year Ago

Dow Jones

昨天

By Stephen Nakrosis

Shares of Innovative Solutions & Support were trading higher in the after-hours market following the release of second-quarter results that showed revenue more than doubling from the year-ago period.

After the bell, the company's shares were trading 37% higher, at $10.10. The stock ended Wednesday's regular session with a loss of less than 1%, closing at $7.35.

The maker of flight navigation systems reported second-quarter earnings per share of 30 cents on revenue of $21.9 million. In the year-ago period, the company reported EPS of 7 cents on revenue of $10.7 million.

New orders in the second quarter were $20.8 million, and backlog as of March 31 was $79.6 million, the company said.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

May 14, 2025 18:36 ET (22:36 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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The stock ended Wednesday's regular session with a loss of less than 1%, closing at $7.35. \n\n\n  The maker of flight navigation systems reported second-quarter earnings per share of 30 cents on revenue of $21.9 million. In the year-ago period, the company reported EPS of 7 cents on revenue of $10.7 million. \n\n\n  New orders in the second quarter were $20.8 million, and backlog as of March 31 was $79.6 million, the company said. \n\n\n \n\n\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 14, 2025 18:36 ET (22:36 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}