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OSI Systems Inc - OSIS STOCK NEWS

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.

Rhea-AI Summary
OSI Systems' Healthcare division, Spacelabs Healthcare, secures a $6 million order to provide patient monitoring solutions to a U.S. hospital. The order includes Xhibit Central Stations, Xprezzon patient monitors, and Qube patient monitors. Deepak Chopra, Chairman and CEO, expresses excitement over the order, emphasizing the company's commitment to advanced patient care solutions.
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OSI Systems, Inc. (OSIS) secures a $5 million order for 920CT baggage screening technology at a major European airport, boosting its Security division. Deepak Chopra, Chairman and CEO, expresses enthusiasm for enhancing security infrastructure and passenger screening processes.
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OSI Systems, Inc. secures a $100 million international contract for security and inspection systems, signaling trust in their technology expertise. The company aims to enhance safety and security with advanced inspection systems.
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OSI Systems, Inc. secures a $15 million order for critical electronic sub-assemblies for a healthcare OEM, showcasing its expertise in the medical technology sector.
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OSI Systems, Inc. announces the detection of a record-breaking 6.5 tons of methamphetamine at a U.S. port of entry using their Security division's inspection system. The seizure, valued at $117 million, highlights the effectiveness of OSI Systems' technology in combating drug trafficking and supporting CBP's border security mission.
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OSI Systems, Inc. secures a $3 million order to supply advanced optical sensors for missile systems to a defense electronics OEM, emphasizing their dedication to defense technology innovation.
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OSI Systems, Inc. secures a $16 million contract for checkpoint security infrastructure at an international airport, including advanced screening systems and TRS lanes. The award highlights the company's dedication to providing innovative security solutions.
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OSI Systems, Inc. secures a $27 million contract for explosive trace detection systems at a European airport, boosting its Security division. The contract involves providing Itemiser® 5X systems for secondary screening of passengers and carry-on baggage. CEO Deepak Chopra expresses satisfaction with the award, highlighting the advanced technology's capabilities in detecting explosives.
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OSI Systems, Inc. (OSIS) is set to present at the Morgan Stanley Technology, Media & Telecom Conference on March 4, 2024. Investors can tune in to the live webcast for insights into the company's strategies and future outlook.
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OSI Systems, Inc. (OSIS) will present at the TD Cowen 45th Annual Aerospace & Defense Conference on February 14, 2024, at 10:00 AM ET. Investors can access the live webcast on the company's website.
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FAQ

What is the current stock price of OSI Systems (OSIS)?

The current stock price of OSI Systems (OSIS) is $175.07 as of December 20, 2024.

What is the market cap of OSI Systems (OSIS)?

The market cap of OSI Systems (OSIS) is approximately 3.0B.

What does OSI Systems, Inc. do?

OSI Systems, Inc. is a global developer, manufacturer, and seller of security and inspection products, medical devices, and optoelectronic-based components.

In which segments does OSI Systems operate?

OSI Systems operates in three segments: Security, Healthcare, and Optoelectronics and Manufacturing.

What is Rapiscan Systems?

Rapiscan Systems is a subsidiary of OSI Systems that specializes in security screening systems, known for their reliability and threat detection capabilities.

What products does Spacelabs Healthcare offer?

Spacelabs Healthcare provides patient monitoring systems, diagnostic cardiology equipment, ventilation systems, and defibrillators.

Where does OSI Systems generate most of its revenue?

The majority of OSI Systems' revenue is generated in the Americas, with additional contributions from Europe, the Middle East, Africa, and the Asia-Pacific regions.

How many people does OSI Systems employ?

OSI Systems employs over 3,000 people globally.

How long has OSI Systems been in operation?

OSI Systems has over 30 years of experience in electronics engineering and manufacturing.

What is the main focus of OSI Systems?

The main focus of OSI Systems is to create solutions for a safer and healthier world.

What kind of services does the Optoelectronics and Manufacturing segment offer?

The Optoelectronics and Manufacturing segment offers specialized electronic components and engineering and manufacturing services.

How does OSI Systems contribute to the healthcare industry?

OSI Systems contributes to the healthcare industry through its Spacelabs Healthcare segment, which offers innovative patient monitoring, diagnostic cardiology, and other medical devices.

OSI Systems Inc

Nasdaq:OSIS

OSIS Rankings

OSIS Stock Data

2.96B
15.77M
4.96%
103.85%
11.85%
Electronic Components
Semiconductors & Related Devices
Link
United States of America
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