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.
OSI Systems Inc. (OSIS) provides investors and industry professionals with authoritative updates on its security technology innovations, healthcare advancements, and optoelectronic manufacturing developments. This centralized resource aggregates official press releases and verified news coverage related to the company’s global operations across three core segments: advanced security screening systems, medical monitoring devices, and precision electronic components.
Visitors gain access to timely updates on earnings announcements, product launches, strategic partnerships, and regulatory milestones. The curated collection serves as a critical tool for tracking OSIS’s contributions to airport security infrastructure, hospital diagnostic capabilities, and defense sector electronics.
Content spans operational developments across North American, European, and Asia-Pacific markets, reflecting the company’s multinational engineering footprint. Regular updates include technological breakthroughs in threat detection systems, advancements in patient monitoring equipment, and manufacturing process innovations.
Bookmark this page for streamlined access to OSI Systems’ official communications, maintaining awareness of their progress in enhancing global security measures and healthcare outcomes through specialized electronics.
OSI Systems, Inc. (NASDAQ: OSIS) reported a revenue of $303 million for Q3 fiscal 2023, a 4% increase from $290.5 million in Q3 fiscal 2022. GAAP EPS was $1.27, down from $2.41 due to a prior-year gain on sale-leaseback. Non-GAAP adjusted EPS rose to $1.49 from $1.43. The backlog reached a record $1.5 billion, marking a 19% increase since June 30, 2022. Operating cash flow for Q3 was $65 million, significantly higher than $38.4 million in Q3 2022. The company maintains its fiscal 2023 revenue guidance of $1.240 billion to $1.265 billion and forecasted EPS between $6.02 and $6.25.
OSI Systems, Inc. (Nasdaq: OSIS) will hold its quarterly conference call on April 27, 2023, at 9:00am PT to discuss the results for the quarter ending March 31, 2023.
The call will be webcast through the investor relations section of the company’s website. A replay of the call will be available from 12:00pm PT on April 27, 2023, until May 11, 2023 at the same location.
OSI Systems specializes in electronic systems and components for critical applications, leveraging over 40 years of experience and a global presence to expand into selected markets.
OSI Systems, Inc. (NASDAQ: OSIS) announced a $20 million order from ANA Aeroportos de Portugal for multiple units of its RTT® 110 explosive detection system. These units will be deployed across various Portuguese airports to screen checked baggage, enhancing airport security. The company will also provide ongoing maintenance and support for these installations. The RTT® 110 offers high-resolution 3-D imaging and complies with European threat detection standards. CEO Deepak Chopra emphasized the company’s commitment to innovate in the aviation industry, responding to infrastructure upgrades and evolving screening needs.
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