Osi Systems Stock Price, News & Analysis

OSI Systems reported Q3 FY2022 revenues of $290.5 million, a 2.4% increase from the prior year, with a net income of $42.7 million or $2.41 per diluted share. Non-GAAP EPS was $1.43. The company has a strong backlog of $1.2 billion, up 14% from last fiscal year's end. Operational cash flow was $38.4 million. The company reiterated guidance for FY2022 revenues between $1.160 billion and $1.195 billion, with non-GAAP EPS expected between $5.75 and $6.02.

OSI Systems, Inc. (Nasdaq: OSIS) announced its quarterly conference call scheduled for April 28, 2022, at 1:30 PM PT, to discuss results for the quarter ending March 31, 2022. The call can be accessed via webcast on the company’s investor relations website. A replay will be available from 3:00 PM PT on April 28 until May 12, 2022. OSI Systems is a vertically integrated designer and manufacturer specializing in electronic systems for critical applications in various sectors, including homeland security and healthcare.

Spacelabs Healthcare, part of OSI Systems, will showcase innovative diagnostic cardiology products at the American College of Cardiology’s 71st annual event. Key products include the Eclipse Pro Holter recorder and Lifescreen Pro screening system, designed for enhanced patient comfort and efficient diagnosis. The Eclipse Pro can record ECGs for up to 14 days, enabling precise detection of arrhythmias like atrial fibrillation. Additionally, the CardioPulse line offers seamless integration into clinical workflows. Spacelabs Healthcare aims to improve patient care through rapid analysis and efficient diagnostic processes.

OSI Systems, Inc. (NASDAQ: OSIS) announced a significant multi-year order valued at approximately $35 million for electronic assemblies used in patient care applications. This order is one of the largest in the history of the Company’s Optoelectronics and Manufacturing division. CEO Deepak Chopra emphasized the customer's continued trust and commitment, which reinforces OSI's growth in critical healthcare technology delivery.

OSI Systems, Inc. (NASDAQ: OSIS) announced its participation in the Cowen and Company 43rd Annual Aerospace/Defense & Industrials Conference on February 8, 2022, at 1:30 PM ET. The event will feature a live webcast available through the investor relations section of the OSI Systems website.

OSI Systems specializes in designing and manufacturing electronic systems for critical applications in industries such as homeland security, healthcare, defense, and aerospace, leveraging over 40 years of experience.

OSI Systems reported Q2 revenues of $277 million, with a GAAP EPS of $1.09 and a non-GAAP EPS of $1.28. The company ended the quarter with a backlog of $1.2 billion, a 12% increase from the previous year. While overall revenues remained stable year-over-year, net income decreased slightly from $20 million in Q2 2021 to $19.8 million in Q2 2022. The company has reduced its FY 2022 revenue guidance but increased its EPS guidance due to stronger operating margins, citing ongoing supply chain challenges and COVID-19 impacts.

OSI Systems, Inc. (NASDAQ: OSIS) announced its quarterly conference call scheduled for January 27, 2022, at 9:00am PT. This call will cover the company's results for the quarter ending December 31, 2021. A replay will be accessible from 12:00pm PT on January 27 until February 10, 2022. OSI Systems specializes in electronic systems and components for industries such as homeland security and healthcare, leveraging over 40 years of experience.

OSI Systems (NASDAQ: OSIS) has announced a new order worth approximately $5 million from a leading X-ray imaging OEM for electronic components. This order highlights the growing demand in the medical and industrial markets, as stated by CEO Deepak Chopra. OSI Systems is a vertically integrated manufacturer focusing on critical applications across various industries, including homeland security and healthcare.