Press Releases

Date Title and Summary Additional Formats
Toggle Summary OSI Systems Receives $20 Million Order to Provide Spare Parts for Cargo and Vehicle Inspection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc. (NASDAQ: OSIS) today announced that its Security division has received an order from a valued customer for $20 million to provide spare parts to support Z-Backscatter® cargo and vehicle inspection (CVI) systems.
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Toggle Summary OSI Systems Completes Acquisition of Explosive Trace Detection (ETD) Business
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems , Inc. (NASDAQ: OSIS) (the "Company") today announced that it has completed its previously announced acquisition of the former Morpho global explosive trace detection (ETD) business from Smiths Group plc for $75.5 million in cash, subject to a net
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Toggle Summary OSI Systems Receives $24 Million in Orders to Provide Services for Security Inspection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc. (NASDAQ: OSIS) today announced that its Security division received orders totaling approximately $24 million to perform maintenance and support services for multiple categories of security inspection products, including models within
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Toggle Summary OSI Systems Receives $9 Million Order for Cargo and Vehicle Inspection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc. (NASDAQ: OSIS) today announced that its Security division has received an order for approximately $9 million from an international customer to provide multiple units of its Rapiscan ® Eagle ® P60 high-energy, drive-through cargo and vehicle
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Toggle Summary OSI Systems Awarded $23 Million Contract to Provide RTT Explosive Detection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc. (NASDAQ: OSIS) today announced that its Security division has been awarded a contract valued at approximately $23 million from a major European airport group to provide multiple units of its RTT ® 110 (Real Time Tomography) Explosive Detection
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Toggle Summary OSI Systems to Present at the Drexel Hamilton Aerospace & Defense Conference
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc . (NASDAQ: OSIS), today announced that it will be presenting at Drexel Hamilton's 4th Annual Aerospace & Defense Conference on Thursday, June 15, 2017 at 8:30 AM ET . To listen to the live web cast of the presentation, please visit the investor
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Toggle Summary OSI Systems to Present at the Jefferies 2017 Global Healthcare Conference
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc . (NASDAQ: OSIS), today announced that it will be presenting at the Jefferies Global Healthcare Conference on Wednesday, June 7, 2017 at 11:30 AM ET . To listen to the live web cast of the presentation, please visit the investor relations
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Toggle Summary OSI Systems Enters into Definitive Agreement to Acquire Explosive Trace Detection (ETD) Business from Smiths Group plc
Acquisition is highly complementary to OSI's current operations and expands its security product offerings Expected to be accretive to fiscal year 2018 non-GAAP diluted earnings per share HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems , Inc. (NASDAQ: OSIS) (the "Company") today announced that it
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Toggle Summary OSI Systems to Present at the B. Riley & Co. 18th Annual Investor Conference
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc . (NASDAQ: OSIS) today announced that it will be presenting at the B. Riley & Co. 18 th Annual Investor Conference on Wednesday, May 24, 2017 at 11:30AM PT . To listen to the live web cast of the presentation, please visit the investor
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Toggle Summary OSI Systems Awarded $23 Million Service Contract Extension from U.S. Department of Defense for Cargo and Vehicle Inspection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc. (NASDAQ: OSIS) today announced that its Security division has received a Foreign Military Sales (FMS) 2-year contract extension from the U.S. Department of Defense valued at approximately $23 million to provide training, service and logistics
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Toggle Summary OSI Systems Reports Third Quarter Fiscal 2017 Financial Results
Record Q3 Revenue of $245 Million (16% increase over prior year) Q3 Earnings Per Diluted Share GAAP EPS of $0.72 (compared to $0.47 in same prior-year period) Non-GAAP EPS of $0.85 (29% increase over prior year) HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc.
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Toggle Summary OSI Systems Awarded $7 Million Contract to Provide Checkpoint Inspection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc . (NASDAQ: OSIS) today announced that its Security division was awarded a multi-year contract valued at approximately $7 million to provide Rapiscan 620XR baggage and parcel inspection systems, including follow on maintenance and support
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Toggle Summary OSI Systems Announces Third Quarter Conference Call
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc. (Nasdaq: OSIS ) today announced that it will hold its quarterly conference call on Wednesday April 26, 2017 at 1:30pm PT to discuss its results for the third quarter ended March 31, 2017 . This call is being webcast by NASDAQ OMX and through
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Toggle Summary OSI Systems Awarded $15 Million Contract to Provide Cargo and Passenger Vehicle Screening Solutions
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc . (NASDAQ: OSIS) today announced that its Security division was awarded a contract valued at approximately $15 million to provide multiple cargo and vehicle inspection solutions, including OmniView ® Gantry cargo inspection systems that utilize
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Toggle Summary OSI Systems Awarded $12 Million Contract from International Customer to Provide Cargo Inspection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)-- OSI Systems, Inc . (NASDAQ: OSIS) today announced that its Security division was awarded a contract valued at approximately $12 million from an international customer to provide multiple units of its cargo and vehicle inspection solution utilizing the Sentry ®
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