OSI Systems (NASDAQ:OSIS) just reported results for the fourth quarter of 2024. OSI Systems reported earnings per share of $2.84. This was above the analyst estimate for EPS of $2.79. The company reported revenue of $480.91 million. This was 3.09% better than the analyst estimate for revenue of $466.48 million. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share ...

OSI Systems (OSIS) reported $480.91 million in revenue for the quarter ended June 2024, representing a yearover-year increase of 16.8%. EPS of $2.84 for the same period compares to $2.66 a year ago. The reported revenue represents a surprise of +3.09% over the Zacks Consensus Estimate of $466.48 million. With the consensus EPS estimate being $2.79, the EPS surprise was +1.79%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...

OSI Systems (OSIS) came out with quarterly earnings of $2.84 per share, beating the Zacks Consensus Estimate of $2.79 per share. This compares to earnings of $2.66 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 1.79%. A quarter ago, it was expected that this airport security and full-body scanner manufacturer would post earnings of $2.11 per share when it actually produced earnings of $2.16, delivering a surprise of 2.37%. Ov ...

Financial Performance - Record Q4 revenues of $481 million, representing a 17% year-over-year growth[1] - Record fiscal year revenues of $1.54 billion, a 20% increase compared to the previous fiscal year[3] - Q4 GAAP diluted EPS of $2.55 and record non-GAAP diluted EPS of $2.84, up from $2.66 in the same quarter last year[2] - Fiscal year GAAP diluted EPS of $7.38 and record non-GAAP diluted EPS of $8.13, reflecting a 31% growth year-over-year[3] - Total revenues for the three months ended June 30, 2024, were $480,907, a 16.7% increase from $411,870 for the same period in 2023[14] - The Security division reported revenues of $342,509 for the three months ended June 30, 2024, up from $269,103, representing a 27.2% increase[14] - Operating income for the total company for the three months ended June 30, 2024, was $62,818, compared to $57,151 for the same period in 2023, reflecting an increase of 9.3%[14] - The company reported a GAAP net income of $44,679 for the three months ended June 30, 2024, compared to $42,381 for the same period in 2023, an increase of 5.4%[17] - Non-GAAP net income for the three months ended June 30, 2024, was $49,680, up from $45,823 for the same period in 2023, reflecting a 4.0% increase[17] Future Outlook - Anticipated fiscal year 2025 revenues in the range of $1.620 billion to $1.650 billion, with non-GAAP adjusted EPS guidance of $8.80 to $9.15[6] - Strong Q4 backlog of approximately $1.7 billion, indicating robust demand and future revenue visibility[3] - Focus on new product development in the Healthcare division, particularly in patient monitoring, to drive future growth[5] Assets and Liabilities - Cash and cash equivalents increased to $95,353 as of June 30, 2024, from $76,750 as of June 30, 2023, marking a 24.2% increase[16] - Accounts receivable rose significantly to $648,155 as of June 30, 2024, compared to $380,845 as of June 30, 2023, an increase of 70.4%[16] - Total assets increased to $1,936,008 as of June 30, 2024, from $1,555,686 as of June 30, 2023, representing a growth of 24.4%[16] - The total liabilities increased to $1,072,525 as of June 30, 2024, from $829,521 as of June 30, 2023, an increase of 29.3%[16] Operating Income and Expenses - Total GAAP operating income for the company was $189.06 million, which is 12.3% of total sales[21] - Total operating income (loss) on a Non-GAAP basis was $212.22 million, representing 13.8% of total sales[21] - GAAP operating income for the Security Division was $183.27 million, representing 17.6% of sales[21] - Non-GAAP operating income for the Optoelectronics Manufacturing Division was $50.36 million, accounting for 13.1% of sales[21] - The Healthcare Division reported an operating income of $8.03 million, which is 4.7% of its sales[21] - Restructuring and other charges amounted to $6.39 million, representing 0.4% of total sales[21] - The Security Division's restructuring charges were $675,000, equating to 0.1% of its sales[21] - The Optoelectronics Manufacturing Division incurred restructuring charges of $3.55 million, or 1.0% of its sales[21] - Corporate/Elimination segment reported a loss of $41.68 million[21] Capital Management - Successful issuance of $350 million convertible senior notes at an interest rate of 2.25%, aimed at reducing borrowing costs[5] - Capital expenditures of $8.5 million and depreciation and amortization of $11.7 million reported for Q4 FY24[3]

Wall Street analysts expect OSI Systems (OSIS) to post quarterly earnings of $2.79 per share in its upcoming report, which indicates a year-over-year increase of 4.9%. Revenues are expected to be $466.48 million, up 13.3% from the year-ago quarter. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Prior to a company's earnings announcem ...

The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> This airport security and full-body scanner manufacturer is expected to post quarterly earnings of $2.79 per share in its upcoming report, which represents a year-over-year change of +4.9%. Revenues are expected to be $466.48 million, up 13.3% from the year-ago quarter. For OSI, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a ...

Building on this momentum, the company recently announced that its Security division has secured an order valued at approximately $17 million from an international customer. OSI Systems will also provide comprehensive services, including system installation, training and multi-year service and maintenance support, underscoring its commitment to delivering integrated security solutions globally. OSI Systems Prospects Strong Further bolstering its market presence, in June, OSI Systems announced an $11-million ...

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Investors looking for stocks in the Electronics - Miscellaneous Components sector might want to consider either TDK Corp. (TTDKY) or OSI Systems (OSIS) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emp ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 000-23125 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OSI SYSTEMS, INC. For the quarterly period ended March 31, 2024 (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organi ...