Press Releases

Date Title and Summary Additional Formats
Toggle Summary OSI Systems Facilitates Significant Drug Seizure in Albania
HAWTHORNE, Calif. --(BUSINESS WIRE)--Mar. 8, 2018-- OSI Systems, Inc. (the “Company” or “ OSI Systems”) (NASDAQ: OSIS) today announced that Albanian Customs and State Police , facilitated by the OSI Systems’ turnkey scanning program, seized 1,350 pounds of cocaine being smuggled into Albania .
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Toggle Summary OSI Systems Announces New 1,000,000 Share Repurchase Program
Company completes share authorization under the prior repurchase program HAWTHORNE, Calif. --(BUSINESS WIRE)--Mar. 6, 2018-- OSI Systems, Inc. (the “Company” or “ OSI Systems”) (NASDAQ: OSIS) today announced that the Company's board of directors has authorized the purchase of up to 1,000,000 shares
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Toggle Summary OSI Systems Reports Second Quarter Fiscal 2018 Financial Results
Record Fiscal Q2 Revenue of $278 Million (14% increase over prior year) Q2 Earnings (Loss) Per Diluted Share GAAP EPS of ( $2.47 ) - Includes a charge of $56 million , or $2.96 per share, associated with U.S. tax reform Non-GAAP EPS of $0.97 (43% increase over prior year) Backlog up 12% since June
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Toggle Summary OSI Systems Reports Second Quarter Fiscal 2018 Financial Results
Record Fiscal Q2 Revenue of $278 Million (14% increase over prior year) Q2 Earnings (Loss) Per Diluted Share GAAP EPS of ($2.47) - Includes a charge of $56 million , or $2.96 per share, associated with U.S. tax reform Non-GAAP EPS of $0.97 (43% increase over prior year) Backlog up 12% since June
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Toggle Summary OSI Systems Announces Second Quarter Conference Call
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc. (Nasdaq: OSIS ) today announced that it will hold its quarterly conference call on Thursday February 1, 2018 at 1:30pm PT ( 4:30pm ET ) to discuss its results for the quarter ended December 31, 2017 .
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Toggle Summary OSI Systems Receives $21 Million Order for RTT® Hold Baggage Screening Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc. (the "Company" or " OSI Systems") (NASDAQ: OSIS) today announced that its Security division received a follow-on order for approximately $21 million to provide multiple additional units of its RTT ® 110 (Real Time Tomography) explosive
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Toggle Summary OSI Systems Signs Two-Year Contract to Continue Turnkey Screening Services in Mexico
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc. (the "Company" or " OSI Systems") (NASDAQ: OSIS) today announced that, as a follow on to its existing contract, OSI Systems' Security division has signed a new two-year agreement with Servicio de Administración Tributaria (SAT), Mexico's tax
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Toggle Summary OSI Systems Receives $14 Million Award for Cargo and Vehicle Inspection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc. (the "Company" or " OSI Systems") (NASDAQ: OSIS) today announced that its Security division, through an international competitive tender, was awarded a contract for approximately $14 million from a Pacific Rim region based customer to provide
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Toggle Summary OSI Systems Responds to Short Seller's Report
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc. (the "Company" or " OSI Systems") (NASDAQ: OSIS) provides the following statement in response to a report this morning by short-sellers "Muddy Waters Research". While the Company would not customarily respond to misleading allegations from
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Toggle Summary OSI Systems Receives $6 Million Multi-Year Service and Support Contract for Border Security
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc. (the "Company" or " OSI Systems") (NASDAQ: OSIS) today announced that its Security division received a multi-year service contract valued at approximately $6 million from an international customer to provide continued service and support for
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Toggle Summary OSI Systems Reports First Quarter Fiscal 2018 Financial Results
Record Q1 Revenue of $257.1 Million (16% increase over prior year) Record Q1 Earnings Per Diluted Share GAAP EPS of $0.52 vs. $0.03 in Q1 Fiscal 2017 Non-GAAP EPS of $0.79 (80% increase over prior year) Q1 Book-to- Bill Ratio of 1.6 for Non-turnkey Business Company Raises FY 2018 Revenue Guidance
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Toggle Summary OSI Systems Announces First Quarter Conference Call
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc. (Nasdaq: OSIS ) today announced that it will hold its quarterly conference call on Thursday October 26, 2017 at 1:30pm PT ( 4:30pm ET ) to discuss its results for the first quarter ended September 30, 2017 .
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Toggle Summary OSI Systems Awarded $21 Million Contract to Provide Cargo and Vehicle Inspection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc . (the "Company" or " OSI Systems") (NASDAQ: OSIS) today announced that its Security division was awarded a contract valued at approximately $21 million from an international customs agency for X-ray based cargo and vehicle inspection systems.
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Toggle Summary OSI Systems Receives $16 Million Order for Airport Security Inspection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc. (the "Company" or " OSI Systems") (NASDAQ: OSIS) today announced that its Security division received an order for approximately $16 million from an airport customer in Panama to provide multiple security inspection platforms, including the
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Toggle Summary OSI Systems Awarded $9 Million Order for Patient Monitoring Solutions
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc. (the "Company" or " OSI Systems") (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs Healthcare ® , received an order valued at approximately $9 million to provide patient monitoring solutions and related accessories to a
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