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Innovative Solutions & Support Reports Q4 (ISSC)

Innovative Solutions & Support, Inc. (NASDAQ: ISSC)

ISSC ("Innovative Solutions & Support") previously reported its financial results for the fourth quarter and full year fiscal 2012 ended September 30, 2012.

For the fourth quarter, ISSC ("Innovative Solutions & Support") reported revenue of $6.9 million, up 7% from revenue of $6.5 million in the fourth quarter of 2011. The Company reported fourth quarter 2012 net income of $2.8 million, or $0.17 per share, compared to $12,000, or $0.00 per share in the same quarter a year ago. For the fourth quarter, the Company generated positive operating cash flow of $1.3 million, up from $0.4 million in the fourth quarter of fiscal 2011.

Headquartered in Exton, Pennsylvania, Innovative Solutions & Support, Inc. (NASDAQ: ISSC ) ( www.innovative-ss.com ) is a systems integrator that designs and manufactures flight guidance and cockpit display systems for Original Equipment Manufacturers (OEM’s) and retrofit applications. The company supplies integrated Flight Management Systems (FMS) and advanced GPS receivers for precision navigation resulting in low carbon footprint.

In my opinion this is a stock to watch!

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