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Christopher Harborne, a 10% owner of Innovative Solutions & Support Inc (NASDAQ:ISSC), recently sold 35,437 shares of the company’s common stock. The shares were sold on June 6, 2025, at a price of $11.76 each, amounting to a total transaction value of $416,739. Following this transaction, Harborne holds 2,180,761 shares indirectly through Klear Kite LLC, a Delaware limited liability company of which he is the sole member. With a market capitalization of $210 million and a GREAT financial health score according to InvestingPro, which offers 15 additional valuable insights about ISSC’s performance and outlook in its comprehensive Pro Research Report.
In other recent news, Innovative Solutions and Support reported strong second-quarter 2025 earnings, surpassing market expectations. The company achieved an earnings per share of $0.30, significantly higher than the forecasted $0.12, and reported revenue of $21.9 million, exceeding the anticipated $14.23 million. This performance was driven by increased demand in military programs and effective operational leverage. The company also doubled its revenue year-over-year and increased net income to $5.3 million from $1.2 million in the previous year. Innovative Solutions and Support’s EBITDA rose by 260% compared to the same period last year, reaching $7.6 million. The company remains optimistic about its future, targeting over 30% growth in both revenue and EBITDA for fiscal year 2025. Additionally, the ongoing facility expansion in Exton, Pennsylvania, is expected to triple production capacity. The company continues to focus on strategic acquisitions and strengthening relationships with key partners in the military and commercial aviation sectors.
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