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) provides investors and industry professionals with authoritative updates on its security technology innovations, healthcare advancements, and optoelectronic manufacturing developments. This centralized resource aggregates official press releases and verified news coverage related to the company’s global operations across three core segments: advanced security screening systems, medical monitoring devices, and precision electronic components.
Visitors gain access to timely updates on earnings announcements, product launches, strategic partnerships, and regulatory milestones. The curated collection serves as a critical tool for tracking OSIS’s contributions to airport security infrastructure, hospital diagnostic capabilities, and defense sector electronics.
Content spans operational developments across North American, European, and Asia-Pacific markets, reflecting the company’s multinational engineering footprint. Regular updates include technological breakthroughs in threat detection systems, advancements in patient monitoring equipment, and manufacturing process innovations.
Bookmark this page for streamlined access to OSI Systems’ official communications, maintaining awareness of their progress in enhancing global security measures and healthcare outcomes through specialized electronics.
OSI Systems has announced a quarterly conference call scheduled for October 28, 2021, at 9:00am PT, to discuss its financial results for the quarter ending September 30, 2021. Investors can access the live webcast through the investor relations section of www.osi-systems.com. A replay will be available from 12:00pm PT on the same day until November 12, 2021. OSI Systems specializes in electronic systems for industries such as homeland security and healthcare.
OSI Systems, Inc. (NASDAQ: OSIS) has secured a $6 million order from a wireless communication technology OEM for electronic sub-assemblies. The company's Chairman and CEO, Deepak Chopra, expressed enthusiasm about continuing to support the customer's advanced technology solutions. OSI Systems specializes in designing and manufacturing electronic systems and components for critical sectors, including homeland security and healthcare, leveraging over 40 years of industry experience.
OSI Systems, Inc. (NASDAQ: OSIS) announced a significant achievement with its Security division securing an indefinite delivery, indefinite quantity (IDIQ) contract from the U.S. Customs and Border Protection for low-energy portal (LEP) x-ray systems, valued at up to $390 million. This contract extends for five years and includes two delivery orders totaling about $200 million. The systems will enhance non-intrusive inspections at border crossings, contributing to efficient detection of illicit materials. The company aims to support the mandated 100% scanning requirement at these borders.
OSI Systems, Inc. (NASDAQ: OSIS) announced a $6 million order for electronic sub-assemblies from a prominent healthcare OEM. This order reflects the company’s commitment to supporting critical medical device clients, as stated by CEO Deepak Chopra. OSI Systems specializes in designing and manufacturing electronic systems for various sectors, including healthcare and defense, leveraging over 40 years of experience and a global presence.
OSI Systems, Inc. (NASDAQ: OSIS) has secured a $12 million order from an IT security technology provider for electronic sub-assemblies, as announced by CEO Deepak Chopra. This order highlights OSI's role in supporting critical missions within the technology sector. With over 40 years of manufacturing experience in specialized electronic systems, OSI Systems is positioned for growth in key markets including homeland security, healthcare, defense, and aerospace. The company operates globally, leveraging its engineering expertise to meet client demands effectively.
OSI Systems reported robust financial results for Q4 and fiscal year 2021, with revenues of $332.2 million in Q4, a 20% increase from the previous year. Net income for Q4 reached $25.9 million, or $1.40 per diluted share, compared to $14.0 million the prior year. Despite a 2% revenue decline to $1.147 billion for the fiscal year, non-GAAP net income rose to $97.9 million, or $5.32 per diluted share. The company anticipates revenues between $1.190 billion to $1.225 billion for fiscal 2022.
OSI Systems (NASDAQ: OSIS) announced a $13 million order for its RTT® 110 explosive detection system, set for installation at an Asian Pacific international airport for screening checked baggage. CEO Deepak Chopra expressed enthusiasm about expanding their CT hold baggage inspection systems at significant airports. The RTT® 110, featuring high-resolution 3-D imaging and a unique design for efficient baggage inspection, complies with ECAC's stringent threat detection standards and is deployed across numerous airports and logistics providers.
OSI Systems announced that its Security division secured multiple orders totaling approximately $30 million for maintenance services on various cargo, vehicle, and baggage inspection systems. CEO Deepak Chopra expressed satisfaction with these orders, emphasizing the company's commitment to supporting its customers' installed inspection systems.
OSI Systems specializes in designing and manufacturing electronic systems for critical applications across industries such as homeland security and healthcare, leveraging over 40 years of experience.
OSI Systems, Inc. (OSIS) will hold its quarterly conference call on August 18, 2021, at 9:00 AM PT to review its financial results for the fourth quarter and fiscal year ending June 30, 2021. Interested parties can access the live webcast through the company's investor relations website. A replay will be available from 3:00 PM PT on the same day until September 1, 2021. OSI Systems specializes in electronic systems for various critical sectors, including homeland security, healthcare, defense, and aerospace.
