Press Releases

Date Title and Summary Additional Formats
Toggle Summary OSI Systems Receives $42 Million Airport Security Systems Contract
HAWTHORNE, Calif. --(BUSINESS WIRE)--May 30, 2024-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded a contract from an international airport for approximately $42 million to provide a range of checkpoint and hold baggage
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Toggle Summary OSI Systems to Participate in B. Riley Securities 24th Annual Institutional Investor Conference
HAWTHORNE, Calif. --(BUSINESS WIRE)--May 21, 2024-- OSI Systems, Inc . (NASDAQ: OSIS) today announced that Alan Edrick , Executive Vice President and Chief Financial Officer, is scheduled to participate in the B. Riley Securities 24 th Annual Institutional Investor Conference on May 22 & 23, 2024,
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Toggle Summary OSI Systems’ Opto Division Receives $7 Million Order for Portable Health Devices
HAWTHORNE, Calif. --(BUSINESS WIRE)--May 20, 2024-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) announced that its Optoelectronics and Manufacturing division has received an order valued at approximately $7 million to provide portable health monitoring devices to a
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Toggle Summary OSI Systems Receives Order for $9 Million to Provide Cargo and Vehicle Inspection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)--May 13, 2024-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division received an order from an international customer for approximately $9 million to provide the Company’s Eagle ® M60 high energy mobile
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Toggle Summary OSI Systems Receives $6 Million Order for Electronic Assemblies
HAWTHORNE, Calif. --(BUSINESS WIRE)--May 7, 2024-- 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 electronic assemblies to an advanced engineered
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Toggle Summary OSI Systems President and CEO Deepak Chopra to Retire by Calendar Year-End, Will Remain as Executive Chairman
HAWTHORNE, Calif. --(BUSINESS WIRE)--May 3, 2024-- OSI Systems, Inc. (the "Company") (NASDAQ: OSIS) announced today that Chairman and Chief Executive Officer Deepak Chopra has informed the Company’s Board of Directors of his plans to retire from his roles as President and Chief Executive Officer by
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Toggle Summary OSI Systems to Present at Oppenheimer 19th Annual Industrial Growth Conference
HAWTHORNE, Calif. --(BUSINESS WIRE)--May 3, 2024-- OSI Systems, Inc . (NASDAQ: OSIS), today announced that it will be presenting at the Oppenheimer 19 th Annual Industrial Growth Conference on Monday, May 6, 2024 at 12:45 PM ET . To listen to the live web cast of the presentation, please visit the
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Toggle Summary OSI Systems Reports Fiscal 2024 Third Quarter Financial Results
Record Q3 Revenues of $405 Million (34% growth year-over-year) Q3 Earnings Per Diluted Share GAAP Diluted EPS of $1.95 (54% increase year-over-year) Record Non-GAAP Adjusted Diluted EPS of $2.16 (45% increase year-over-year) Q3 Operating Income Increase of 50% Year-Over-Year Strong Bookings Lead to
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Toggle Summary OSI Systems Announces Third Quarter Conference Call
HAWTHORNE, Calif. --(BUSINESS WIRE)--Apr. 17, 2024-- OSI Systems, Inc. (Nasdaq: OSIS) today announced that it will hold its quarterly conference call on Thursday, April 25, 2024 at 9:00am PT to discuss its results for the quarter ended March 31, 2024 .
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Toggle Summary OSI Systems Receives $6 Million Order for Patient Monitoring Solutions
HAWTHORNE, Calif. --(BUSINESS WIRE)--Apr. 9, 2024-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs Healthcare ® , received an order valued at approximately $6 million to provide patient monitoring solutions and related
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Toggle Summary OSI Systems Receives $5 Million Order for Advanced CT Security Screening Systems at a Major European Airport
HAWTHORNE, Calif. --(BUSINESS WIRE)--Mar. 28, 2024-- OSI Systems, Inc. (" OSI Systems " or the "Company") (NASDAQ: OSIS) announced that its Security division received a $5 million order to provide 920CT baggage screening technology for passenger checkpoints at a leading European international
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Toggle Summary OSI Systems Receives $100 Million Contract for Cargo and Vehicle Inspection Solutions
HAWTHORNE, Calif. --(BUSINESS WIRE)--Mar. 26, 2024-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) announced today that its Security division, a premier global provider of security and inspection systems, has secured an international contract award valued at approximately $100
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Toggle Summary OSI Systems Receives $15 Million Order for Innovative Medical Tech Components
HAWTHORNE, Calif. --(BUSINESS WIRE)--Mar. 14, 2024-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) announced that its Optoelectronics and Manufacturing division has received an order for approximately $15 million to provide critical electronic sub-assemblies for a leading-edge
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Toggle Summary OSI Systems Supports U.S. Customs and Border Protection for Record Methamphetamine Seizure at a U.S. Port of Entry
HAWTHORNE, Calif. --(BUSINESS WIRE)--Mar. 12, 2024-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that a non-intrusive inspection system from the Company’s Security division was used to detect six and a half tons of methamphetamine in a tractor-trailer truck at
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Toggle Summary OSI Systems Receives $3 Million Order to Provide Optical Sensors for Advanced Missile Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)--Mar. 11, 2024-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Optoelectronics and Manufacturing division has received an order valued at approximately $3 million to supply advanced optical sensors to a leading defense
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