Press Releases

Date Title and Summary Additional Formats
Toggle Summary OSI Systems Receives $4 Million Order for Patient Monitoring and Diagnostic Cardiology Solutions
HAWTHORNE, Calif. --(BUSINESS WIRE)--Feb. 22, 2021-- OSI Systems, Inc. (the “Company” or “ OSI Systems”) (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs Healthcare ® , received an order valued at approximately $4 million to provide a suite of healthcare products and related
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Toggle Summary OSI Systems Reports Fiscal 2021 Second Quarter Financial Results
Q2 Revenues of $276 Million Q2 Earnings Per Diluted Share GAAP EPS of $1.10   Record Non-GAAP EPS of $1.35 Backlog of $1.0 Billion as of December 31, 2020 (20% increase from June 30, 2020 ) Company Raises Fiscal 2021 Guidance   HAWTHORNE, Calif. --(BUSINESS WIRE)--Jan. 28, 2021-- OSI Systems, Inc.
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Toggle Summary OSI Systems Announces Second Quarter Conference Call
HAWTHORNE, Calif. --(BUSINESS WIRE)--Jan. 19, 2021-- OSI Systems, Inc. (Nasdaq: OSIS ) today announced that it will hold its quarterly conference call on Thursday, January 28, 2021 at 9:00am PT to discuss its results for the quarter ended December 31, 2020 .
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Toggle Summary OSI Systems Receives $10 Million Contract for Mobile Cargo and Vehicle Inspection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)--Dec. 29, 2020-- OSI Systems, Inc . (the “Company” or “ OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded a contract for approximately $10 million to provide its Z Backscatter ® Van (ZBV ® ) cargo and vehicle inspection systems,
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Toggle Summary OSI Systems Receives $13 Million in Orders for Airport Screening Products
HAWTHORNE, Calif. --(BUSINESS WIRE)--Dec. 22, 2020-- OSI Systems, Inc . (the "Company" or " OSI Systems ") (NASDAQ: OSIS) today announced that its Security division received orders from its Scandinavian distributor for approximately $13 million to provide various screening technologies.
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Toggle Summary OSI Systems Receives $12 Million Order for Cargo and Vehicle Inspection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)--Dec. 16, 2020-- OSI Systems, Inc . (the “Company” or “ OSI Systems”) (NASDAQ: OSIS) today announced that its Security division received an order for approximately $12 million from an international customer to provide multiple units of its X-ray cargo and vehicle
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Toggle Summary OSI Systems Receives $6 Million Order for Smart Lighting Controllers
HAWTHORNE, Calif. --(BUSINESS WIRE)--Dec. 15, 2020-- OSI Systems, Inc. (the “Company” or “ OSI Systems”) (NASDAQ: OSIS) today announced that its Optoelectronics and Manufacturing division has received an order for approximately $6 million to provide smart grow light controllers for a leading OEM.
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Toggle Summary OSI Systems Receives $39 Million International Order to Provide Cargo and Vehicle Inspection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)--Dec. 14, 2020-- OSI Systems, Inc . (the “Company” or “ OSI Systems”) (NASDAQ: OSIS) today announced that its Security division received an order valued at approximately $39 million from an international customer for inspection systems to protect its critical
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Toggle Summary OSI Systems Reports Fiscal 2021 First Quarter Financial Results
Q1 Revenues of $255 Million Q1 Earnings Per Share GAAP EPS of $0.51   Record Non-GAAP EPS of $1.06 (16% year-over-year increase) Q1 Book-to- Bill Ratio of 1.6 Backlog of $1.0 Billion as of September 30, 2020 (17% increase from June 30, 2020 ) Record Q1 Operating Cash Flow of $54 Million Company
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Toggle Summary OSI Systems Awarded $93 Million to Provide Security Inspection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)--Oct. 27, 2020-- OSI Systems, Inc . (the “Company” or “ OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded multiple contracts for approximately $93 million from an international government customer to provide various Rapiscan®
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Toggle Summary OSI Systems Announces First Quarter Conference Call
HAWTHORNE, Calif. --(BUSINESS WIRE)--Oct. 20, 2020-- OSI Systems, Inc. (Nasdaq: OSIS) today announced that it will hold its quarterly conference call on Thursday, October 29, 2020 at 9:00am PT to discuss its results for the quarter ended September 30, 2020 .
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Toggle Summary OSI Systems Receives $6 Million Order to Enhance Airport Checkpoint Inspection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)--Oct. 1, 2020-- OSI Systems, Inc. (the “Company” or “ OSI Systems”) (NASDAQ: OSIS) today announced that its Security division received an order for approximately $6 million to upgrade aviation checkpoint inspection systems.
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Toggle Summary OSI Systems Receives Orders for $5 Million for Electronic Components
HAWTHORNE, Calif. --(BUSINESS WIRE)--Sep. 29, 2020-- OSI Systems, Inc. (the “Company” or “ OSI Systems”) (NASDAQ: OSIS) today announced that its Optoelectronics and Manufacturing division has received orders for approximately $5 million to provide electronic sub-assemblies for an innovative water
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Toggle Summary OSI Systems Receives $59 Million Contract to Provide Security Inspection Systems to Hamad International Airport
HAWTHORNE, Calif. --(BUSINESS WIRE)--Sep. 24, 2020-- OSI Systems, Inc . (the "Company" or " OSI Systems ") (NASDAQ: OSIS) today announced that its Security division was awarded a contract from the Qatar Company for Airports Operation and Management (“MATAR”) for approximately $59 million to provide
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Toggle Summary OSI Systems Awarded $31 Million Contract for Cargo and Vehicle Inspection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)--Sep. 15, 2020-- OSI Systems, Inc . (the “Company” or “ OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded a contract for approximately $31 million from an international customer to provide multiple units of its Eagle® M60 mobile
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