Press Releases

Date Title and Summary Additional Formats
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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Toggle Summary OSI Systems Receives $16 Million Award to Upgrade Airport Security Checkpoint Lanes
HAWTHORNE, Calif. --(BUSINESS WIRE)--Mar. 7, 2024-- OSI Systems, Inc. (the "Company" or " OSI Systems ") (NASDAQ: OSIS) today announced that its Security division has been awarded a $16 million contract by an international airport to enhance its checkpoint security infrastructure.
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Toggle Summary OSI Systems Receives $27 Million Award for Explosive Trace Detection Systems
HAWTHORNE, Calif. --(BUSINESS WIRE)--Mar. 4, 2024-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded a contract for approximately $27 million to provide Itemiser ® 5X explosive trace detection (ETD) systems for secondary
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Toggle Summary OSI Systems to Present at Morgan Stanley Technology, Media & Telecom Conference
HAWTHORNE, Calif. --(BUSINESS WIRE)--Mar. 1, 2024-- OSI Systems, Inc . (NASDAQ: OSIS), today announced that it will present at the Morgan Stanley Technology, Media & Telecom Conference on Monday, March 4, 2024 , at 08:00 AM PT . To listen to the live webcast of the presentation, please visit the
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Toggle Summary OSI Systems to Present at TD Cowen’s 45th Annual Aerospace & Defense Conference
HAWTHORNE, Calif. --(BUSINESS WIRE)--Feb. 13, 2024-- OSI Systems, Inc . (NASDAQ: OSIS), today announced that it will present at the TD Cowen 45 th Annual Aerospace & Defense Conference on Wednesday, February 14, 2024 , at 10:00 AM ET . To listen to the live web cast of the presentation, please
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Toggle Summary OSI Systems Reports Fiscal 2024 Second Quarter Financial Results
Record Q2 Revenues of $373 Million (26% growth year-over-year) Record Q2 Earnings Per Diluted Share GAAP EPS of $2.11 Non-GAAP Adjusted EPS of $2.21 (86% growth year-over-year) Q2 Operating Income Growth of 105% Year-Over-Year Q2-Ended Backlog of Approximately $1.8 Billion Company Increases FY 2024
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