Osi Systems Stock Price, News & Analysis

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.

OSI Systems, Inc. (NASDAQ: OSIS), through its division Spacelabs Healthcare, announced the launch of two new resting Electrocardiograph (ECG) devices: CardioPulse™ Go and CardioPulse™ Prime. These devices are designed to improve workflow for clinicians, featuring real-time patient data query and continuous connectivity. Their integration with Electronic Medical Records (EMR) aims to expedite patient care. With capabilities tailored for acute settings, these innovations reflect Spacelabs' commitment to enhancing healthcare technology.

OSI Systems has announced an amendment to its senior secured credit facility, increasing the borrowing amount from $535 million to $750 million. This includes a $600 million revolving credit facility and a $150 million delayed draw term loan. The maturity has been extended from April 2024 to December 2026. The changes provide enhanced operational and financial flexibility while maintaining favorable pricing. The interest rate for borrowings is at LIBOR + 1.0%.

OSI Systems, Inc. (NASDAQ: OSIS) will present at Imperial Capital’s 2021 Security Investor Conference on December 15, 2021, at 2:15 PM ET. Investors can access the live webcast through the investor relations section of the OSI Systems website.

OSI Systems is a leading designer and manufacturer of electronic systems and components for critical applications in the homeland security, healthcare, defense, and aerospace industries, leveraging over 40 years of experience and a global presence.

OSI Systems has announced a significant contract win worth approximately $29 million from an international customer. This contract will enable the company’s Security division to provide essential cargo and vehicle inspection systems along with baggage and parcel inspection systems. The agreement includes training and maintenance services as well. OSI Systems' CEO, Deepak Chopra, expressed optimism regarding the deployment of their inspection systems, highlighting the importance of this contract for their operational objectives.