Press Releases

Date Title and Summary Additional Formats
Toggle Summary OSI Systems Secures $14 Million Contract for Advanced Security Inspection Technology and Services
HAWTHORNE, Calif. --(BUSINESS WIRE)--Aug. 17, 2023-- OSI Systems, Inc . (NASDAQ: OSIS) today announced that its Security division received a contract award valued at approximately $14 million from a South America based customer to provide multiple units of its Eagle® P60 high-energy, drive-through
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Toggle Summary OSI Systems Achieves TSA Air Cargo Full Qualification With the Itemiser 5X Explosives Trace Detector
HAWTHORNE, Calif. --(BUSINESS WIRE)--Aug. 22, 2023-- OSI Systems, Inc . (NASDAQ: OSIS) today announced that its Rapiscan Itemiser ® 5X Explosive Trace Detection (ETD) device has met the qualification standards set by the TSA for inclusion on the Air Cargo Screening Technology List (ACSTL).
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Toggle Summary OSI Systems Reports Fiscal 2023 Fourth Quarter and Full Year Financial Results
Record Q4 Revenues of $412 Million (22% year-over-year growth) Record Q4 Earnings Per Diluted Share GAAP EPS of $2.46 (27% year-over-year increase) Non-GAAP Adjusted EPS of $2.66 (36% year-over-year increase) Record Quarter-End Backlog of $1.8 Billion (46% increase from June 30, 2022 ) Company
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Toggle Summary OSI Systems to Present at the 2023 Jefferies Industrials Conference
HAWTHORNE, Calif. --(BUSINESS WIRE)--Aug. 31, 2023-- OSI Systems, Inc . (NASDAQ: OSIS), today announced that it will be presenting at the 2023 Jefferies Industrials Conference on Wednesday, September 6, 2023 , at 10:00 AM ET . To listen to the live web cast of the presentation, please visit the
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Toggle Summary OSI Systems Receives $10 Million Order for Mobile Cargo and Vehicle Inspection
HAWTHORNE, Calif. --(BUSINESS WIRE)--Sep. 21, 2023-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded a contract valued at approximately $10 million from an international customs agency to provide a dual-energy X-ray cargo and
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Toggle Summary OSI Systems Awarded 10-Year Contract for Cargo Turnkey Screening in Uruguay
HAWTHORNE, Calif. --(BUSINESS WIRE)--Oct. 3, 2023-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division has entered into a 10-year contract to provide a turnkey screening solution to Uruguay’s Ministry of Economics and Finance for customs
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Toggle Summary OSI Systems Announces First Quarter Conference Call
HAWTHORNE, Calif. --(BUSINESS WIRE)--Oct. 16, 2023-- OSI Systems, Inc. (Nasdaq: OSIS) today announced that it will hold its quarterly conference call on Thursday, October 26, 2023 at 9:00am PT to discuss its results for the quarter ended September 30, 2023 .
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Toggle Summary OSI Systems Receives $24 Million in Orders for Cargo and Vehicle Inspection Systems and Services
HAWTHORNE, Calif. --(BUSINESS WIRE)--Oct. 17, 2023-- OSI Systems, Inc . (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division has received orders valued at approximately $24 million in aggregate from a U.S. government customer.
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Toggle Summary OSI Systems Reports Fiscal 2024 First Quarter Financial Results
Q1 Revenues of $279 Million Q1 Earnings Per Diluted Share GAAP EPS of $0.75   Non-GAAP Adjusted EPS of $0.91 Q1 Operating Income Growth of 23% Year-Over-Year Q1-Ended Backlog of Approximately $1.8 Billion   Company Increases FY 2024 Non-GAAP Adjusted Diluted EPS Guidance to Year-Over-Year Growth of
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Toggle Summary OSI Systems Receives $4 Million Award for Patient Monitoring Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)--Oct. 30, 2023-- 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 $4 million to provide patient monitoring solutions and related
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