Innovative Solutions & Support Q4 revenue beats estimates, partly helped by military programs
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Innovative Solutions & Support's Q4 revenue rose 44.6%, beating estimates, driven by military programs and favorable sales mix. Adjusted EBITDA increased 71.1%. The company unveiled Liberty Flight Deck to drive future growth, targeting $250 million revenue and 25-30% EBITDA margin by fiscal 2029. Analysts rate the stock as "buy" with a price target of $16.25, 47.9% above its current price. The stock trades at 15 times next 12-month earnings.
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