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OSI Systems Inc - $OSIS STOCK NEWS

Welcome to our dedicated page for OSI Systems news (Ticker: $OSIS), a resource for investors and traders seeking the latest updates and insights on OSI Systems stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect OSI Systems's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of OSI Systems's position in the market.

Rhea-AI Summary

OSI Systems, Inc. (NASDAQ: OSIS) has secured a $6 million order for electronic assemblies for an advanced engineered solutions OEM. The company's Optoelectronics and Manufacturing division will fulfill the order, showing commitment to supporting the OEM.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.9%
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Rhea-AI Summary

OSI Systems, Inc. (NASDAQ: OSIS) revealed that President and CEO Deepak Chopra will retire by the end of the year, continuing as Executive Chairman. A successor will be appointed to take over his current roles.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.38%
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none
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Rhea-AI Summary

OSI Systems, Inc. (NASDAQ: OSIS) will be presenting at the Oppenheimer 19th Annual Industrial Growth Conference on May 6, 2024. Investors can tune in to the live webcast on the company's website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.38%
Tags
conferences
Rhea-AI Summary
OSI Systems reported strong financial results for the fiscal 2024 third quarter, with record revenues of $405 million, a 34% year-over-year growth. The company also saw increases in earnings per diluted share, operating income, and backlog. Non-GAAP adjusted diluted EPS also showed significant growth. The Security division led the outstanding performance, while the Optoelectronics and Manufacturing division reported softer revenues due to inventory adjustments. The Healthcare division faced challenges in the hospital spending environment. The company is well-positioned for future growth, reiterating revenue guidance of over 19% growth and increasing non-GAAP adjusted diluted EPS guidance to over 30% growth compared to fiscal year 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.98%
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Rhea-AI Summary
OSI Systems, Inc. (OSIS) will hold its quarterly conference call on April 25, 2024, to discuss results for the quarter ended March 31, 2024. The call will be webcast and a replay will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.86%
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none
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Rhea-AI Summary
OSI Systems' Healthcare division, Spacelabs Healthcare, secures a $6 million order to provide patient monitoring solutions to a U.S. hospital. The order includes Xhibit Central Stations, Xprezzon patient monitors, and Qube patient monitors. Deepak Chopra, Chairman and CEO, expresses excitement over the order, emphasizing the company's commitment to advanced patient care solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.2%
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none
Rhea-AI Summary
OSI Systems, Inc. (OSIS) secures a $5 million order for 920CT baggage screening technology at a major European airport, boosting its Security division. Deepak Chopra, Chairman and CEO, expresses enthusiasm for enhancing security infrastructure and passenger screening processes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.98%
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none
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Rhea-AI Summary
OSI Systems, Inc. secures a $100 million international contract for security and inspection systems, signaling trust in their technology expertise. The company aims to enhance safety and security with advanced inspection systems.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.63%
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none
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Rhea-AI Summary
OSI Systems, Inc. secures a $15 million order for critical electronic sub-assemblies for a healthcare OEM, showcasing its expertise in the medical technology sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.15%
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none
Rhea-AI Summary
OSI Systems, Inc. announces the detection of a record-breaking 6.5 tons of methamphetamine at a U.S. port of entry using their Security division's inspection system. The seizure, valued at $117 million, highlights the effectiveness of OSI Systems' technology in combating drug trafficking and supporting CBP's border security mission.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
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none
OSI Systems Inc

Nasdaq:OSIS

OSIS Rankings

OSIS Stock Data

2.30B
15.87M
5.13%
93.52%
1.62%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States of America
HAWTHORNE

About OSIS

creating solutions for a safer and healthier world. osi systems inc. is a diversified global developer, manufacturer and seller of security and inspection products, medical devices, and optoelectronic-based components, as well as a provider of engineering and manufacturing services. the company has more than 30 years of experience in electronics engineering and manufacturing and employs over 3,000 people through offices and production facilities located in more than a dozen countries. our singular focus is to help security experts, clinical professionals and high-tech developers solve real-world problems and issues. rapiscan systems- one company - total security in a world where effective security screening is more important than ever, rapiscan systems is the global leader. with over 70,000 systems installed in over 100 countries, our products stand for outstanding threat detection, proven reliability and unsurpassed value. spacelabs healthcare- connecting innovation with care. with pr