ISC (TSX:ISV) CEO Jeff Stusek and Executive Vice President Shawn Peters joined Steve Darling from Proactive to share news the company is again posting an increase in their 3rd quarter numbers. Stusek saying their revenue was 41.4-million for the quarter, an increase of 11%. Net income was $9.7-million or 55 cents per basic share and 53 cents per diluted share. Stusek also shared with Proactive he has decided to step down as Chief Executive Officer. Shawn Peters will be his replacement as talks about taking in that job and what the company will look like going forward.
ISC sees another rise in revenue as the company reports an 11% increase in 3rd quarter