Osi Systems Stock Price, News & Analysis

OSI Systems (NASDAQ: OSIS) has secured a significant $47 million service order for its security inspection systems. The contract involves providing ongoing maintenance services for Rapiscan® inspection systems used in screening baggage, cargo, and vehicles. The order also includes continued support for the company's CertScan® Inspection Integration Platform. The service agreement was awarded by a U.S.-based customer, reinforcing OSI Systems' position in the security inspection maintenance sector.

OSI Systems (NASDAQ: OSIS) has announced its participation in the upcoming B. Riley Securities 25th Annual Investor Conference on May 22, 2025, in Marina Del Rey, California. The company will engage in a fireside chat scheduled for Thursday, May 22nd at 08:15am PT. The conference will feature various formats including moderated discussions, panel sessions, and one-on-one meetings with investors.

OSI Systems (NASDAQ: OSIS) has secured a significant $56 million contract for its Security division from an international customer. The contract involves deploying multiple units of two key inspection systems: the Eagle® M60 ZBx multi-energy mobile cargo and vehicle inspection system, and the ZBV® Z Backscatter® vehicle screening system.

These systems will be utilized for international port and border security applications, capable of detecting threats such as explosives, drug smuggling, currency, and trade-fraud items. The agreement also includes maintenance and training support services.

OSI Systems (NASDAQ: OSIS) Executive Chairman Deepak Chopra has been awarded the Lifetime Achievement Award by the Association for Corporate Growth's Los Angeles Chapter (ACG® Los Angeles). The prestigious recognition acknowledges Chopra's significant career contributions to Southern California's business landscape, particularly in areas of mentorship, deal-making excellence, and community engagement. In his acceptance, Chopra credited his success to the mentors, colleagues, and the OSI team who shared and supported his vision throughout his career journey.

OSI Systems (NASDAQ: OSIS) has secured a significant order through its Optoelectronics and Manufacturing division. The $7 million contract involves supplying essential components to a leading healthcare innovator focused on patient diagnostic and care applications. CEO Ajay Mehra expressed enthusiasm about continuing their relationship with this long-term customer and supporting their medical solutions.

OSI Systems (NASDAQ: OSIS) has secured a significant $36 million contract to implement and maintain aviation security systems at a major international airport in the Middle East. The contract encompasses the deployment of multiple security solutions, including the Orion® 920CT checkpoint screening system with Rapiscan® TRS™ for carry-on inspection, Orion 935DX for cargo and pallet screening, and Itemiser® 5X for explosives and narcotics detection. The company will also provide ongoing maintenance and support services throughout the products' lifecycle.

OSI Systems (NASDAQ: OSIS) reported exceptional Q3 FY2025 results with multiple record-breaking achievements. The company posted revenues of $444.4 million, marking a 10% year-over-year growth. GAAP earnings per share reached $2.40, while non-GAAP EPS hit a record $2.44. Notable highlights include a record Q3 backlog exceeding $1.8 billion and record Q3 operating cash flow of $82 million. The Security division showed strong 10% growth, while the Optoelectronics division achieved 15% revenue growth with improved margins. Based on these strong results, OSI Systems increased its FY2025 guidance, now projecting revenues between $1.690-$1.715 billion (9.8-11.5% growth) and non-GAAP EPS of $9.15-$9.45 (12.5-16.2% growth).

OSI Systems has secured multiple orders worth $50 million from an existing U.S. customer to enhance cargo checkpoint security infrastructure. The orders focus on supporting the deployment of Rapiscan Cargo and Vehicle Non-Intrusive Inspection technology.

The company's Security division will implement its industry-leading inspection solutions, demonstrating the customer's continued trust in OSI's life cycle support services. CEO Ajay Mehra expressed satisfaction with the awards, highlighting the significance of the customer's confidence in their innovative cargo inspection platforms.

OSI Systems (NASDAQ: OSIS) has scheduled its quarterly conference call to discuss financial results for the quarter ending March 31, 2025. The call will take place on Thursday, May 1, 2025, at 9:00 am PT.

Investors and interested parties can access the webcast through the investor relations section of www.osi-systems.com. A replay of the conference call will be made available from 12:00 pm PT on May 1, 2025, and will remain accessible until May 14, 2025, through the company's investor relations website.