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Christopher Harborne, a significant shareholder in Innovative Solutions & Support Inc. (NASDAQ:ISSC), has recently sold 11,944 shares of the company’s common stock. The transaction, which took place on June 5, 2025, was executed at a price of $11.792 per share, totaling approximately $140,843. Following this sale, Harborne holds an indirect ownership of 2,216,198 shares through Klear Kite LLC, a Delaware limited liability company. The $206.58M market cap company maintains strong financial health with a current ratio of 4.87, indicating robust liquidity. InvestingPro analysis reveals 14 additional key insights about ISSC’s performance and valuation, available in the comprehensive Pro Research Report.
In other recent news, Innovative Solutions and Support reported its second quarter 2025 earnings, significantly surpassing market expectations. The company achieved an earnings per share of $0.30, well above the projected $0.12, and reported revenue of $21.9 million, exceeding the anticipated $14.23 million. This strong performance was largely driven by increased demand in military programs, particularly the F-16, and effective operational leverage. The company’s net income rose to $5.3 million from $1.2 million in the previous year, highlighting a notable improvement in profitability. Innovative Solutions continues to focus on expanding production capacity and strategic acquisitions, aiming for over 30% growth in both revenue and EBITDA for the fiscal year 2025. The ongoing expansion of its Exton, Pennsylvania facility is expected to triple production capacity, supporting its revenue growth target of $250 million. The company remains committed to strengthening its military and commercial aviation partnerships, with a significant portion of revenue anticipated from military contracts. Despite some challenges, such as volatile gross margins and potential supply chain disruptions, the company is optimistic about its future growth prospects.
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