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Christopher Harborne, a significant shareholder of Innovative Solutions & Support Inc (NASDAQ:ISSC), recently sold 63,592 shares of the company’s common stock. The transaction, which took place on June 9, 2025, was executed at an average price of $11.7821 per share, amounting to a total value of approximately $749,247.
Following this sale, Harborne holds 2,117,169 shares indirectly through Klear Kite LLC, a Delaware limited liability company of which he is the sole member. This transaction reflects Harborne’s ongoing management of his substantial stake in the company. InvestingPro analysis indicates the stock is currently fairly valued, with 14 additional ProTips available to subscribers, including insights on profitability and growth metrics.
In other recent news, Innovative Solutions and Support reported impressive second-quarter 2025 earnings, significantly surpassing market expectations. The company delivered an earnings per share of $0.30, exceeding the forecasted $0.12, and reported revenue of $21.9 million, well above the expected $14.23 million. This strong financial performance was 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 the previous year, showcasing substantial profitability improvement.
Innovative Solutions and Support’s EBITDA reached $7.6 million, marking a 260% increase year-over-year. The company’s ongoing facility expansion in Exton, Pennsylvania, is expected to triple production capacity, supporting its goal to expand revenue to $250 million. Analysts from Singular Research noted that there were no anticipated order delays post-transition of the Honeywell (NASDAQ:HON) product lines. The company continues to focus on strategic acquisitions and strengthening partnerships in the military and commercial aviation sectors.
In addition to financial achievements, Innovative Solutions and Support completed the integration of its ERP system, enhancing its infrastructure to meet Defense Federal Acquisition Regulation standards. The company’s strategy includes targeting over 30% growth in both revenue and EBITDA for fiscal year 2025. Despite recent margin pressures, the company remains confident in its ability to generate steady growth in EBITDA and profit margins.
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