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)
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