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OSI Systems (OSIS) Earnings Call Presentation
2025-06-19 12:16
Financial Performance & Guidance - OSI Systems reported revenue of $1.5 billion for the fiscal year ended June 30, 2024[8] - The company provides FY25 revenue guidance of $1.690 - $1.715 billion, representing 9.8% - 11.5% growth[12] - FY25 Non-GAAP Adjusted EPS guidance is $9.15 - $9.45, indicating 12.5% - 16.2% growth[12] - The company's year-end backlog is $1.7 billion[12] Business Segments & Geography - Security division accounts for 68% of OSI Systems' revenue[8, 30] - Optoelectronics division contributes 21% of the company's revenue[8, 93] - Healthcare division represents 11% of the company's revenue[8, 114] - 33% of the company's net sales are from the U S market[9] Recurring Revenue & Backlog - Security segment has recurring revenue of approximately 30%[16] - Healthcare segment has recurring revenue of over 40%[16] - Optoelectronics segment has repeat revenue of over 80%[16] - The company's backlog has grown at a CAGR of 19% from FYE20 to FYE24[16] Growth Drivers & Opportunities - Heightened global demand for high-performance threat detection screening solutions is a key market tailwind for the security division[18] - Strong demand for specialized optoelectronics is driven by the electrification and digitization of various products and solutions[18] - Increasing demand for efficient healthcare solutions to serve the aging population is a growth driver for the healthcare division[18]