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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 significant multi-year order valued at approximately $35 million for electronic assemblies used in patient care applications. This order is one of the largest in the history of the Company’s Optoelectronics and Manufacturing division. CEO Deepak Chopra emphasized the customer's continued trust and commitment, which reinforces OSI's growth in critical healthcare technology delivery.
OSI Systems, Inc. (NASDAQ: OSIS) announced its participation in the Cowen and Company 43rd Annual Aerospace/Defense & Industrials Conference on February 8, 2022, at 1:30 PM ET. The event will feature a live webcast available through the investor relations section of the OSI Systems website.
OSI Systems specializes in designing and manufacturing electronic systems for critical applications in industries such as homeland security, healthcare, defense, and aerospace, leveraging over 40 years of experience.
OSI Systems reported Q2 revenues of $277 million, with a GAAP EPS of $1.09 and a non-GAAP EPS of $1.28. The company ended the quarter with a backlog of $1.2 billion, a 12% increase from the previous year. While overall revenues remained stable year-over-year, net income decreased slightly from $20 million in Q2 2021 to $19.8 million in Q2 2022. The company has reduced its FY 2022 revenue guidance but increased its EPS guidance due to stronger operating margins, citing ongoing supply chain challenges and COVID-19 impacts.
OSI Systems, Inc. (NASDAQ: OSIS) announced its quarterly conference call scheduled for January 27, 2022, at 9:00am PT. This call will cover the company's results for the quarter ending December 31, 2021. A replay will be accessible from 12:00pm PT on January 27 until February 10, 2022. OSI Systems specializes in electronic systems and components for industries such as homeland security and healthcare, leveraging over 40 years of experience.
OSI Systems (NASDAQ: OSIS) has announced a new order worth approximately $5 million from a leading X-ray imaging OEM for electronic components. This order highlights the growing demand in the medical and industrial markets, as stated by CEO Deepak Chopra. OSI Systems is a vertically integrated manufacturer focusing on critical applications across various industries, including homeland security and healthcare.
OSI Systems, Inc. (NASDAQ: OSIS), through its division Spacelabs Healthcare, announced the launch of two new resting Electrocardiograph (ECG) devices: CardioPulse™ Go and CardioPulse™ Prime. These devices are designed to improve workflow for clinicians, featuring real-time patient data query and continuous connectivity. Their integration with Electronic Medical Records (EMR) aims to expedite patient care. With capabilities tailored for acute settings, these innovations reflect Spacelabs' commitment to enhancing healthcare technology.
OSI Systems has announced an amendment to its senior secured credit facility, increasing the borrowing amount from
OSI Systems, Inc. (NASDAQ: OSIS) will present at Imperial Capital’s 2021 Security Investor Conference on December 15, 2021, at 2:15 PM ET. Investors can access the live webcast through the investor relations section of the OSI Systems website.
OSI Systems is a leading designer and manufacturer of electronic systems and components for critical applications in the homeland security, healthcare, defense, and aerospace industries, leveraging over 40 years of experience and a global presence.
OSI Systems has announced a significant contract win worth approximately $29 million from an international customer. This contract will enable the company’s Security division to provide essential cargo and vehicle inspection systems along with baggage and parcel inspection systems. The agreement includes training and maintenance services as well. OSI Systems' CEO, Deepak Chopra, expressed optimism regarding the deployment of their inspection systems, highlighting the importance of this contract for their operational objectives.
Rapiscan Systems has announced the Accelerate Secure Trade, Transport & Events Summit during the Rapiscan Systems Classic PGA TOUR Champions Golf Tournament from
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