ISO7240C: Different input and output voltage

Hi all,

In ISO7240C datasheet, it's mentioned that I can use different input and output voltage, say 3.3V for input and 5V for output. So does this mean that I can use this isolator as level shifter IC as well? I mean if I put a PWM as the input at 3.3V VCC, do I get the PWM signal at 5V at the output?

Thanks,