Press Releases

Date Title and Summary Additional Formats
Toggle Summary OSI Systems Names Ajay Mehra to Succeed Deepak Chopra as President and CEO
HAWTHORNE, Calif. --(BUSINESS WIRE)--Dec. 5, 2024-- OSI Systems, Inc. (the "Company" or “OSI”) (NASDAQ: OSIS) announced today that, following a search process, its Board of Directors has appointed Ajay Mehra , current President of OSI’s Security division and Executive Vice President of OSI, as the
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Toggle Summary OSI Systems Receives $11 Million Order for Electronic Assemblies
HAWTHORNE, Calif. --(BUSINESS WIRE)--Nov. 20, 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 $11 million to provide critical electronic sub-assemblies for a
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Toggle Summary OSI Systems Receives $6 Million Order for Medical Sensors
HAWTHORNE, Calif. --(BUSINESS WIRE)--Oct. 31, 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 from a leading healthcare original equipment manufacturer
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Toggle Summary OSI Systems Receives $6 Million Award for Patient Monitoring Solutions
HAWTHORNE, Calif. --(BUSINESS WIRE)--Oct. 30, 2024-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs Healthcare ® , has received an order valued at approximately $6 million to provide patient monitoring solutions and related
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Toggle Summary OSI Systems Reports Fiscal 2025 First Quarter Financial Results
Record Fiscal Q1 Revenues of $344 Million (23% growth year-over-year) Q1 Earnings Per Diluted Share GAAP EPS of $1.05 Record Q1 Non-GAAP Adjusted EPS of $1.25 Q1 Operating Income Growth of 34% Year-Over-Year Q1-Ended Backlog of Approximately $1.8 Billion Company Increases Fiscal 2025 Revenues and
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Toggle Summary OSI Systems Announces First Quarter Conference Call
HAWTHORNE, Calif. --(BUSINESS WIRE)--Oct. 17, 2024-- OSI Systems, Inc. (Nasdaq: OSIS) today announced that it will hold its quarterly conference call on Thursday, October 24, 2024 at 9:00 am PT to discuss its results for the quarter ended September 30, 2024 .
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Toggle Summary OSI Systems Commences Operations in Uruguay for Cargo Turnkey Screening Services
HAWTHORNE, Calif. --(BUSINESS WIRE)--Oct. 8, 2024-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division has successfully commenced operations in Uruguay in collaboration with its Ministry of Economics and Finance to enhance security and
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Toggle Summary OSI Systems Receives $27 Million Order to Provide Support Services for Cargo and Vehicle Inspection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)--Sep. 26, 2024-- OSI Systems, Inc . (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division received a contract with an initial order valued at approximately $27 million from a U.S.
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Toggle Summary OSI Systems Awarded $26 Million Services Contract for Cargo and Vehicle Inspection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)--Sep. 19, 2024-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded a contract valued at approximately $26 million from an international customer.
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Toggle Summary OSI Systems Receives $5 Million Order to Provide Optical Sensors for Guidance Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)--Sep. 4, 2024-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Optoelectronics and Manufacturing division received an order valued at approximately $5 million to deliver advanced optical sensors to a top-tier defense
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Toggle Summary OSI Systems Reports Fiscal 2024 Fourth Quarter and Full Year Financial Results
Record Q4 Revenues of $481 Million (17% growth year-over-year) Record Fiscal Year Revenues of $1.54 billion (20% growth year-over-year) Q4 Earnings Per Diluted Share GAAP Diluted EPS of $2.55 Record Non-GAAP Diluted EPS of $2.84 Fiscal Year Earnings Per Diluted Share GAAP Diluted EPS of $7.38
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Toggle Summary OSI Systems Announces Fourth Quarter and Fiscal Year End Conference Call
HAWTHORNE, Calif. --(BUSINESS WIRE)--Aug. 15, 2024-- OSI Systems, Inc. (Nasdaq: OSIS ) today announced that it will hold its quarterly conference call on Thursday, August 22, 2024 at 9:00am PT to discuss its results for the fourth quarter and fiscal year ended June 30, 2024 .
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Toggle Summary OSI Systems Receives $10 Million Order to Provide Mobile Cargo and Vehicle Inspection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)--Jul. 29, 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 $10 million to provide the Company’s Z Backscatter® Van (ZBV®) cargo
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Toggle Summary OSI Systems, Inc. Prices Upsized $300 Million Convertible Senior Notes Offering
HAWTHORNE, Calif. --(BUSINESS WIRE)--Jul. 16, 2024-- OSI Systems, Inc. (NASDAQ: OSIS) (the “Company” or “OSI”) today announced the pricing of its offering of $300 million aggregate principal amount of 2.25% convertible senior notes due 2029 (the “notes”) in a private offering to persons reasonably
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Toggle Summary OSI Systems, Inc. Announces Proposed Convertible Senior Notes Offering
HAWTHORNE, Calif. --(BUSINESS WIRE)--Jul. 16, 2024-- OSI Systems, Inc. (NASDAQ: OSIS) (the “Company” or “OSI”) today announced its intention to offer, subject to market and other conditions, $275 million aggregate principal amount of convertible senior notes due 2029 (the “notes”) in a private
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