Press Releases

Date Title and Summary Additional Formats
Toggle Summary OSI Systems Reports Fiscal 2019 First Quarter Financial Results
Record Q1 Revenue of $266.2 Million (4% increase over prior year) Q1 Earnings Per Diluted Share GAAP EPS of $0.50 Non-GAAP EPS of $0.81 Backlog of $1.035 Billion (22% year-over-year increase) Company Raises Guidance for Fiscal Year 2019 Sales and Non-GAAP Diluted EPS HAWTHORNE, Calif.
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Toggle Summary OSI Systems Awarded Contract for $16 Million to Provide Service and Spares Support for Airport Checkpoint Inspection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)--Nov. 20, 2018-- OSI Systems, Inc . (the “Company” or “ OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded a contract for approximately $16 million to provide comprehensive service and maintenance support for Rapiscan checkpoint
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Toggle Summary OSI Systems’ Chief Executive Officer Appointed to U.S. – India CEO Forum
HAWTHORNE, Calif. --(BUSINESS WIRE)--Dec. 13, 2018-- OSI Systems, Inc . (the “Company” or “ OSI Systems”) (NASDAQ: OSIS) announces that its Chairman and Chief Executive Officer, Deepak Chopra , has been appointed by the U.S. Secretary of Commerce, Wilbur Ross , to the U.S. Section of the U.S.
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Toggle Summary OSI Systems Receives Indefinite-Delivery/Indefinite-Quantity (IDIQ) Contract Valued at up to $450 Million for Patient Monitoring Solutions
HAWTHORNE, Calif. --(BUSINESS WIRE)--Dec. 17, 2018-- OSI Systems, Inc. (the “Company” or “ OSI Systems”) (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs Healthcare ® , received a firm-fixed-price, indefinite-delivery/indefinite-quantity (IDIQ) contract valued at up to $450
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Toggle Summary OSI Systems’ CT Inspection System Selected for Biosecurity Risk Detection in Australia
HAWTHORNE, Calif. --(BUSINESS WIRE)--Jan. 7, 2019-- OSI Systems, Inc. (the “Company” or “ OSI Systems”) (NASDAQ: OSIS) today announced that its Rapiscan RTT ® 110 CT inspection system has recently been selected by the Australian government to identify contraband biosecurity materials entering the
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Toggle Summary OSI Systems Receives $12 million Contract from NATO Support and Procurement Agency
HAWTHORNE, Calif. --(BUSINESS WIRE)--Jan. 8, 2019-- OSI Systems, Inc. (the “Company” or “ OSI Systems”) (NASDAQ: OSIS) announced today that its Security division received a contract valued at $12 million for operation and maintenance services from the NATO Support and Procurement Agency (NSPA).
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Toggle Summary OSI Systems Receives $6 Million Order for Patient Monitoring Solutions
HAWTHORNE, Calif. --(BUSINESS WIRE)--Jan. 9, 2019-- 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 Patient Monitoring Solutions
HAWTHORNE, Calif. --(BUSINESS WIRE)--Jan. 15, 2019-- OSI Systems, Inc. (the “Company” or “ OSI Systems”) (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs Healthcare ® , received an order valued at approximately $5 million to provide patient monitoring solutions to a U.S.
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Toggle Summary OSI Systems Announces Second Quarter Conference Call
HAWTHORNE, Calif. --(BUSINESS WIRE)--Jan. 18, 2019-- OSI Systems, Inc. (Nasdaq: OSIS ) today announced that it will hold its quarterly conference call on Thursday, January 24, 2019 at 1:30pm PT ( 4:30pm ET ) to discuss its results for the quarter ended December 31, 2018 .
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Toggle Summary OSI Systems Receives $11 Million Order for RTT® Hold Baggage Screening Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)--Jan. 22, 2019-- OSI Systems, Inc. (the “Company” or “ OSI Systems”) (NASDAQ: OSIS) today announced that its Security division received an order for approximately $11 million to provide multiple units of its RTT ® 110 (Real Time Tomography) explosive detection
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Toggle Summary OSI Systems Awarded 10-Year Contract for Cargo Turnkey Screening in Guatemala
HAWTHORNE, Calif. --(BUSINESS WIRE)--Jan. 23, 2019-- OSI Systems, Inc . (“Company” or “ OSI Systems”) (NASDAQ: OSIS) today announced that its S2 Global business has entered into a 10-year contract to provide a complete turnkey screening solution for the Port of Santo Tomas de Castilla , the busiest
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Toggle Summary OSI Systems Reports Fiscal 2019 Second Quarter Financial Results
Record Q2 Revenue of $303 Million (9% increase over prior year) Q2 Earnings Per Diluted Share GAAP EPS of $1.03 Non-GAAP EPS of $1.19 (23% increase over prior year) Backlog of $998 Million (20% year-over-year increase) Company Raises FY 2019 Guidance HAWTHORNE, Calif. --(BUSINESS WIRE)--Jan.
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Toggle Summary OSI Systems to Present at the 40th Annual Cowen and Company Aerospace/Defense & Industrials Conference
HAWTHORNE, Calif. --(BUSINESS WIRE)--Feb. 4, 2019-- OSI Systems, Inc . (NASDAQ: OSIS), today announced that it will be presenting at the Cowen and Company 40 th Annual Aerospace/Defense & Industrials Conference on Wednesday, February 6, 2019 at 1:20 PM ET .
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Toggle Summary OSI Systems Receives $7 Million Order for CT Checked Baggage Screening Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)--Feb. 13, 2019-- OSI Systems, Inc. (the “Company” or “ OSI Systems”) (NASDAQ: OSIS) announced that its Security division received an order for approximately $7 million to provide multiple units of its RTT ® 110 (Real Time Tomography) explosive detection system
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Toggle Summary OSI Systems Receives $8 Million Order for Patient Monitoring Solutions
HAWTHORNE, Calif. --(BUSINESS WIRE)--Feb. 21, 2019-- OSI Systems, Inc. (the “Company” or “ OSI Systems”) (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs Healthcare , received an order valued at approximately $8 million to provide patient monitoring solutions and related
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