innovative solutions support inc

After-Hours Movers 8/20: JDS Uniphase (JDSU) Sinks on Guidance; ...

StreetInsider.com News Articles  Wed, 08/20/2008 - 15:29

StreetInsider.com After-Hours Movers: 

Innovative Solutions & Support, Inc. (NASDAQ: ISSC) 9.6% LOWER; sees Q4 revenue $10M to $12M versus consensus estimates of $12.5 million.

Innovative Solutions & Support sees FY08 revenue of $30M-$32M versus consensus of $32.8 million. Expects gross margins to fall to 42-46% from slightly above 50%.

JDS Uniphase (Nasdaq: JDSU) 9% LOWER; reports Q4 EPS of $0.07, 3 cents lower than the analyst estimate of $0.10.

Revenues for the quarter were $390.3 million, versus the consensus of $395.83 million.