OSI (OSIS) Reports Q1 Earnings: What Key Metrics Have to Say

Core Insights - OSI Systems reported $344.01 million in revenue for the quarter ended September 2024, a year-over-year increase of 23.2% [1] - The EPS for the same period was $1.25, compared to $0.91 a year ago, indicating significant growth [1] - The revenue exceeded the Zacks Consensus Estimate of $326.71 million by 5.30% [1] - The EPS also surpassed the consensus estimate of $1.06 by 17.92% [1] Revenue Breakdown - Healthcare division revenues were $37.10 million, slightly below the average estimate of $38.40 million, reflecting a year-over-year decrease of 1.8% [1] - Intersegment eliminations reported revenues of -$15.20 million, slightly worse than the average estimate of -$15 million, showing a year-over-year decline of 21.4% [1] - Optoelectronics and Manufacturing division revenues, including intersegment revenues, were $97.80 million, exceeding the average estimate of $93.61 million, with a year-over-year increase of 1.7% [1] - Security division revenues reached $224.31 million, surpassing the average estimate of $210.40 million, marking a significant year-over-year increase of 36.3% [1] Stock Performance - OSI shares have returned -1.9% over the past month, contrasting with the Zacks S&P 500 composite's +1.5% change [2] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential outperformance against the broader market in the near term [2]