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) announced an increase in its share repurchase program to a total of 2,000,000 shares, building on the 1.9 million shares already bought back from an authorized 3 million. The shares may be purchased through open market transactions or private negotiations, without a set expiration date. OSI emphasizes that the actual number and timing of repurchases will depend on various market conditions and legal requirements. This initiative reflects the company's ongoing commitment to enhancing shareholder value.
OSI Systems has announced a significant order valued at approximately $22 million from its Security division for service, maintenance, and spare parts for Rapiscan® cargo and vehicle inspection systems deployed globally. Chairman and CEO Deepak Chopra expressed satisfaction in supporting cargo inspection systems, emphasizing the commitment to border security.
OSI Systems specializes in designing and manufacturing electronic systems for critical applications in various sectors, including homeland security and healthcare.
OSI Systems reported record revenues of $336.8 million for Q4 FY2022, up 1% from last year, with a net income of $33.8 million or $1.94 per diluted share, reflecting a 39% year-over-year increase. The company finished the fiscal year with revenues of $1.183 billion, a 3% increase, and provided guidance for FY2023, expecting revenues of $1.240 billion to $1.275 billion. The backlog as of June 30, 2022, was $1.2 billion, a 15% increase.
OSI Systems, Inc. (NASDAQ: OSIS) has announced a quarterly conference call scheduled for August 18, 2022 at 1:30 PM PT to discuss results for the fourth quarter and fiscal year ending June 30, 2022. The call will be accessible via a webcast on the company’s investor relations page. Additionally, a replay will be available from 3:00 PM PT on August 18 until September 1, 2022. OSI Systems specializes in designing and manufacturing electronic systems for homeland security, healthcare, defense, and aerospace industries, leveraging over 40 years of engineering experience.
OSI Systems, Inc. (NASDAQ: OSIS) will present at the Jefferies Industrials Conference on August 9, 2022, at 3:00 PM ET. Investors can access the live webcast via the investor relations section of OSI Systems' website. With over 40 years in the industry, OSI Systems specializes in electronic systems and components for critical sectors, including homeland security, healthcare, defense, and aerospace. The company's global presence includes offices and production facilities in more than a dozen countries, supporting its strategy for selective market expansion.
OSI Systems, Inc. (NASDAQ: OSIS) announced that its CEO and Chairman, Deepak Chopra, has been appointed to the 2022 U.S.-India CEO Forum by U.S. Secretary of Commerce, Gina Raimondo. The forum aims to enhance economic and commercial relations between the U.S. and India. Chopra has previously participated in the forum from 2018-2020, showcasing his ongoing commitment to strengthening ties between the two nations. OSI Systems specializes in electronic systems for critical applications in security, healthcare, defense, and aerospace.
OSI Systems, Inc. (NASDAQ: OSIS) has secured a $6 million order from an international client for its Eagle® P60 high energy cargo and vehicle inspection system, including maintenance and support services. The company's Chairman and CEO, Deepak Chopra, expressed commitment to enhancing infrastructure security via this versatile detection solution. This order bolsters OSI's position in the security sector, reflecting its continued growth in critical applications within homeland security and other industries.
OSI Systems, Inc. (NASDAQ: OSIS) announced a $29 million order for cargo and vehicle inspection systems from an international customer. This award will support the customer’s screening requirements at ports and borders, as stated by Chairman and CEO Deepak Chopra. OSI Systems specializes in electronic systems for critical applications in various sectors, including homeland security and healthcare. With over 40 years of experience, the company aims for expansion into selective markets.
FAQ
What is the current stock price of Osi Systems (OSIS)?
What is the market cap of Osi Systems (OSIS)?
