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 announced an order worth approximately $16 million from its Security division for maintenance and support of U.S. aviation checkpoint inspection systems. CEO Deepak Chopra expressed satisfaction with the order and the ongoing support for the installed systems. OSI Systems specializes in designing and manufacturing electronic systems for critical applications across multiple sectors, including homeland security and defense. This order underscores the company's commitment to maintaining its systems and solidifying its market position.
OSI Systems announced an order valued at approximately $8 million from a prominent GPS tracking solutions provider for the automotive sector. This contract falls under OSI's Optoelectronics and Manufacturing division, indicating strong demand in the automotive industry. CEO Deepak Chopra expressed enthusiasm in continuing to serve their customer’s needs. OSI Systems specializes in manufacturing electronic systems for critical applications across various sectors, including homeland security and healthcare.
OSI Systems (NASDAQ: OSIS) announced a $6 million order from an international customer for its Rapiscan® 600 series baggage and parcel inspection systems, including accessories and ongoing maintenance. The order underscores the company's commitment to enhancing customs operations through efficient screening technology. Chairman and CEO Deepak Chopra expressed enthusiasm for supporting this important customer, reinforcing OSI Systems' position in the homeland security market, which relies on over 40 years of engineering experience.
OSI Systems announced that its Healthcare division, Spacelabs Healthcare®, secured orders worth approximately $6 million from a U.S. hospital for patient monitoring solutions and related accessories. These products will be installed in critical care areas like operating rooms and ICUs, focusing on post-anesthesia, neonatal, and pediatric care. CEO Deepak Chopra expressed enthusiasm for the partnership and the benefits of their advanced solutions in providing comprehensive patient care.
OSI Systems (NASDAQ: OSIS) announced a significant contract valued at approximately $15 million for upgrading security systems at a major international airport. The order includes its RTT®110 hold baggage screening systems, alongside various checkpoint security solutions such as the Rapiscan 920CT and Orion® baggage scanners, Itemiser® 5x trace detection units, and Metor® walk-through metal detectors. This project aims to enhance airport security, as stated by Chairman and CEO Deepak Chopra.
OSI Systems announced a $4 million order from a U.S.-based hospital through its Healthcare division, Spacelabs Healthcare. The order includes advanced patient monitoring products, such as Xhibit Central Stations, Qube Patient Monitors, and Spacelabs SafeNSound patient management software. CEO Deepak Chopra expressed pride in providing these essential healthcare solutions to a prominent medical center. OSI Systems specializes in electronic systems for critical applications across various industries, boasting over 40 years of experience.
OSI Systems, Inc. (NASDAQ: OSIS) reported its financial results for Q2 and the first half of fiscal 2021, highlighting record adjusted earnings despite revenue declines. Q2 revenues were $276.0 million, down from $305.3 million year-over-year, with net income of $20.0 million, or $1.10 per diluted share. Non-GAAP net income saw an increase to $24.6 million, or $1.35 per share. The company has raised its revenue guidance to $1.110 - $1.145 billion and non-GAAP EPS guidance to $5.00 - $5.35, reflecting a strong backlog of $1.031 billion.
OSI Systems, Inc. (Nasdaq: OSIS) will hold its quarterly conference call on January 28, 2021, at 9:00 am PT to discuss results for the quarter ending December 31, 2020. The call will be webcast through the investor relations section on the company website. A replay will be available from 12:00 pm PT on the same day until February 11, 2021. OSI Systems specializes in designing and manufacturing electronic systems for critical applications across the homeland security, healthcare, defense, and aerospace sectors, leveraging over 40 years of experience.
OSI Systems, Inc. (NASDAQ: OSIS) has secured a $10 million contract for its Z Backscatter® Van (ZBV®) cargo and vehicle inspection systems. This contract includes multi-year maintenance and support, enhancing the company's footprint in mobile inspection technology. CEO Deepak Chopra highlighted the ZBV's rapid deployment capabilities and its role in safeguarding critical areas by providing advanced threat detection.
OSI Systems operates in sectors like homeland security, healthcare, defense, and aerospace, leveraging over 40 years of experience.
OSI Systems (NASDAQ: OSIS) announced a $13 million order from its Scandinavian distributor for various screening technologies. This order includes 920CT checkpoint baggage scanners, Orion® baggage scanners, and Metor® 900M walk-through metal detectors for two major Scandinavian airports. CEO Deepak Chopra expressed pride in these awards, emphasizing the deployment of these products for screening outbound passengers and baggage.
OSI Systems operates in the homeland security, healthcare, defense, and aerospace industries, leveraging over 40 years of experience.
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