OSI Systems Inc. reports developments across a vertically integrated electronics business serving homeland security, healthcare, defense, aerospace and OEM manufacturing markets. The company operates through Security, Optoelectronics and Manufacturing, and Healthcare segments.
Recurring updates include quarterly results and guidance, Security division awards for inspection systems, screening solutions, radio frequency equipment and homeland defense applications, and Optoelectronics and Manufacturing programs for electronic components and sub-assemblies used by medical device and other OEM customers. Company communications also cover backlog, bookings, recurring service revenue, global manufacturing capacity and investor conference presentations.
OSI Systems (NASDAQ: OSIS) has secured multiple contracts worth approximately $93 million from an international government customer. These contracts involve the provision of various Rapiscan® systems, including X-ray cargo and vehicle inspection systems, baggage and parcel inspection systems, and trace detection systems, along with follow-on maintenance and support services. CEO Deepak Chopra expressed anticipation in enhancing the customer’s critical infrastructure for border security.
OSI Systems, Inc. (Nasdaq: OSIS) will hold its quarterly conference call on October 29, 2020, at 9:00 AM PT to discuss its financial results for the quarter ended September 30, 2020. Investors can access the call via the company’s investor relations website, and a replay will be available from 12:00 PM PT on October 29 until November 12, 2020.
OSI Systems specializes in electronic systems for critical applications, serving sectors like homeland security, healthcare, defense, and aerospace.
OSI Systems (NASDAQ: OSIS) announced a new order worth approximately $6 million for upgrading aviation checkpoint inspection systems from its Security division. This purchase reflects OSI's commitment to enhancing security screening solutions globally. Chairman and CEO Deepak Chopra emphasized the company's role as a leader in security technologies for passengers, baggage, and cargo. OSI Systems combines over 40 years of experience in electronics engineering, manufacturing specialized systems for critical applications in various industries.
OSI Systems (NASDAQ: OSIS) announced that its Optoelectronics and Manufacturing division has secured approximately $5 million in orders to provide electronic sub-assemblies for a water solutions provider. CEO Deepak Chopra expressed satisfaction in continuing to support this long-term client with components for touchless sanitation products. The company, established for over 40 years, specializes in electronic systems for critical applications across various industries, including homeland security and healthcare.