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 (Nasdaq: OSIS) reported Q3 and nine-month financial results for fiscal 2021, showcasing resilience amid pandemic challenges. Q3 revenues were $283.8 million, down from $292.9 million a year earlier, with net income at $18.8 million ($1.03/share) compared to $19.6 million ($1.06/share) in Q3 2020. Nine-month revenues totaled $814.7 million, down from $889.1 million, with net income of $48.2 million ($2.63/share). Notably, the company anticipates Q4 sales growth of 11%-20% and has a robust backlog of $1.063 billion, supporting optimistic fiscal year-end guidance.
OSI Systems (NASDAQ: OSIS) announced its Security division has been awarded an IDIQ contract by the U.S. Customs and Border Protection for multi-energy portal x-ray systems. The contract has a potential value of $480 million and includes a five-year ordering period with up to ten years for maintenance support. CEO Deepak Chopra expressed excitement about supporting CBP’s non-intrusive inspection program. The company specializes in electronic systems and components for homeland security, healthcare, defense, and aerospace industries.
OSI Systems announced that its division, Spacelabs Healthcare, has secured a three-year Premier agreement for physiological patient monitoring and non-invasive cardiology solutions. This agreement aims to provide value to numerous hospitals and health systems served by Premier. Shalabh Chandra, President of Spacelabs, emphasized that as a US-based manufacturer, they can quickly fill orders to meet hospital needs.
OSI Systems (NASDAQ: OSIS) has announced the renewal of its group purchasing contract with Premier, Inc., a significant healthcare improvement organization in the U.S. This collaboration will enable OSI's Healthcare division, Spacelabs Healthcare®, to continue providing advanced patient monitoring systems to Premier's members. CEO Deepak Chopra expressed satisfaction with the ongoing partnership, affirming OSI Systems' commitment to delivering innovative patient monitoring solutions.
OSI Systems, Inc. (Nasdaq: OSIS) will host its quarterly conference call on April 29, 2021, at 9:00 AM PT to discuss the financial results for the quarter ending March 31, 2021. The call will be accessible via webcast on the company's investor relations website. A replay will be available from 12:00 PM PT on the same day until May 13, 2021. OSI Systems focuses on designing and manufacturing specialized electronic systems for critical sectors such as homeland security, healthcare, defense, and aerospace, leveraging over 40 years of expertise.
OSI Systems, Inc. (NASDAQ: OSIS) announced a multi-year contract valued at approximately $16 million from an international client. This contract covers maintenance, repair, upgrades, and support services for various cargo, vehicle, and baggage inspection systems operational at customer checkpoints. CEO Deepak Chopra expressed enthusiasm for supporting the customer's border security objectives through this service agreement.
OSI Systems (NASDAQ: OSIS) has secured a contract worth approximately $6 million for operation and maintenance services of critical infrastructure facilities. This contract involves the operation of Rapiscan® Systems and AS&E® detection systems. CEO Deepak Chopra expressed pride in supporting this longstanding customer with their security missions. OSI Systems specializes in electronic systems and components for sectors including homeland security and healthcare, leveraging over 40 years of industry experience.
OSI Systems has announced a new order valued at approximately $5 million from a U.S. customer to service its baggage and parcel inspection (BPI) systems as well as cargo screening systems. This development reflects OSI Systems’ commitment to providing ongoing support for its existing networks of equipment. The company has over 40 years of experience in engineering and manufacturing specialized electronic systems for sectors such as homeland security, healthcare, defense, and aerospace.
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.
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