Welcome to our dedicated page for OSI Systems news (Ticker: OSIS), a resource for investors and traders seeking the latest updates and insights on OSI Systems stock.
OSI Systems, Inc. (OSIS) is a diversified global enterprise with over 30 years of expertise in electronics engineering and manufacturing. The company is focused on creating solutions for a safer and healthier world through its three primary business segments: Security, Healthcare, and Optoelectronics and Manufacturing. With offices and production facilities in more than a dozen countries and employing over 3,000 people, OSI Systems is a key player in multiple industries.
In the Security segment, OSI Systems, through its subsidiary Rapiscan Systems, is a global leader in security screening, with over 70,000 systems installed across more than 100 countries. These products are known for their outstanding threat detection, proven reliability, and exceptional value.
The Healthcare segment, represented by Spacelabs Healthcare, focuses on innovative patient monitoring, diagnostic cardiology, ventilation systems, and defibrillators. Their aim is to connect innovation with care, providing healthcare professionals with the tools necessary to improve patient outcomes.
Lastly, the Optoelectronics and Manufacturing segment designs and manufactures specialized electronic components and provides engineering and manufacturing services. These offerings serve both the Security and Healthcare segments, as well as external original equipment manufacturers (OEMs).
OSI Systems' commitment to solving real-world problems and issues is evident through its continuous innovation and strategic partnerships. The company prides itself on helping security experts, clinical professionals, and high-tech developers by delivering high-quality, reliable products.
Financially, OSI Systems generates the majority of its revenue from the Americas, with additional significant contributions from Europe, the Middle East, Africa, and the Asia-Pacific regions. The company's robust product portfolio and strategic presence globally make it a significant player in its field.
Stay updated with the latest news and developments from OSI Systems to better understand their market performance and strategic moves.
OSI Systems, Inc. (NASDAQ: OSIS) announced a $29 million order for cargo and vehicle inspection systems from an international customer. This award will support the customer’s screening requirements at ports and borders, as stated by Chairman and CEO Deepak Chopra. OSI Systems specializes in electronic systems for critical applications in various sectors, including homeland security and healthcare. With over 40 years of experience, the company aims for expansion into selective markets.
OSI Systems, Inc. (NASDAQ: OSIS) has secured a contract worth approximately $12 million from an international client to supply multiple units of the Eagle® M60 mobile high-energy cargo and vehicle inspection system, including follow-on services and support. CEO Deepak Chopra expressed enthusiasm for the order, highlighting the system's capability to enhance security at checkpoints. OSI Systems continues to leverage over 40 years of expertise in specialized electronic systems across critical sectors such as homeland security and defense.
OSI Systems (NASDAQ: OSIS) announced a $12 million contract from an international customer for its Security division. The contract includes delivery of the Eagle® P60 ZBx drive-through cargo inspection system, optical under vehicle inspection system (UVIS), and additional security solutions. The company aims to enhance border security through this deployment.
CEO Deepak Chopra expressed optimism regarding the order, emphasizing the role of both new systems and solutions from a recent acquisition in supporting this initiative.
OSI Systems (NASDAQ: OSIS) announced its Optoelectronics and Manufacturing division received $4 million in orders from a major defense contractor. These orders are for electronic sub-assemblies used in critical data communication systems. CEO Deepak Chopra expressed pride in supporting this long-term customer, emphasizing the importance of their mission-critical systems used globally. OSI's extensive experience spans over 40 years in specialized electronics for defense, healthcare, and homeland security industries, with production facilities across multiple countries.
OSI Systems, Inc. (NASDAQ: OSIS) will present at the Oppenheimer 17th Annual Industrial Growth Conference on May 4, 2022, at 9:45 AM ET. Interested parties can listen to the live webcast via the investor relations section of the OSI Systems website.
OSI Systems is a leading designer and manufacturer of electronic systems across various fields, including homeland security, healthcare, defense, and aerospace. With over 40 years of experience, the company is expanding into selective product markets globally.
OSI Systems reported Q3 FY2022 revenues of $290.5 million, a 2.4% increase from the prior year, with a net income of $42.7 million or $2.41 per diluted share. Non-GAAP EPS was $1.43. The company has a strong backlog of $1.2 billion, up 14% from last fiscal year's end. Operational cash flow was $38.4 million. The company reiterated guidance for FY2022 revenues between $1.160 billion and $1.195 billion, with non-GAAP EPS expected between $5.75 and $6.02.
OSI Systems, Inc. (Nasdaq: OSIS) announced its quarterly conference call scheduled for April 28, 2022, at 1:30 PM PT, to discuss results for the quarter ending March 31, 2022. The call can be accessed via webcast on the company’s investor relations website. A replay will be available from 3:00 PM PT on April 28 until May 12, 2022. OSI Systems is a vertically integrated designer and manufacturer specializing in electronic systems for critical applications in various sectors, including homeland security and healthcare.
Spacelabs Healthcare, part of OSI Systems, will showcase innovative diagnostic cardiology products at the American College of Cardiology’s 71st annual event. Key products include the Eclipse Pro Holter recorder and Lifescreen Pro screening system, designed for enhanced patient comfort and efficient diagnosis. The Eclipse Pro can record ECGs for up to 14 days, enabling precise detection of arrhythmias like atrial fibrillation. Additionally, the CardioPulse line offers seamless integration into clinical workflows. Spacelabs Healthcare aims to improve patient care through rapid analysis and efficient diagnostic processes.
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