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Innovative Solutions Support
## Innovative Solutions Support (ISS) Stock Information:
**Ticker Symbol:** ISS
**Market Capitalization:** $4.6 billion (as of October 27, 2023)
**Industry:** Business Services, Technology
**Headquarters:** Alpharetta, Georgia, USA
**Business Overview:**
- Provides cloud-native solutions and engineering services that enable digital transformation for mid-market and large enterprises.
- Expertise in data-driven infrastructure management, application modernization, and security & compliance.
- Serves industries such as healthcare, financial services, and technology.
**Recent Development (October 2023):**
- Revenue in Q3 2023 grew by 17% year-over-year.
- Non-GAAP EPS surpassed analyst expectations.
- Announced expansion of global partnership with Snowflake.
**Financial Highlights:**
- **Revenue:** $587.6 million (Q3 2023)
- **Earnings per Share (EPS):** $1.73 (Q3 2023)
- **Debt/Equity Ratio:** 0.66
**Strengths:**
- Strong track record of delivering successful technology transformations.
- Diverse client base with a focus on high-growth sectors.
- Strong financial performance with consistent revenue growth.
- Experienced management team with deep industry expertise.
**Weaknesses:**
- Reliant on technology sector for revenue generation.
- Competitive landscape with other IT consulting firms.
- Potential for economic slowdown to impact demand for its services.
**Opportunities:**
- Expanding cloud computing adoption.
- Growing demand for digital transformation services.
- Increasing focus on cybersecurity and data privacy.
**Threats:**
- Competition from larger technology companies.
- Regulatory changes impacting technology spending.
- Economic uncertainty could lead to reduced IT budgets.
**Overall:**
ISS is a well-positioned company with a strong track record of delivering successful technology solutions to its clients. Its focus on cloud-native solutions and digital transformation services is well-aligned with the ongoing technological evolution of the business landscape.