STOCK TITAN

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, Inc. announces record Q2 revenues of $373 million, a 26% YoY growth, and record Q2 earnings per diluted share. The company also increases FY 2024 revenue and non-GAAP adjusted EPS guidance. The Q2-Ended backlog is approximately $1.8 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.43%
Tags
-
Rhea-AI Summary
OSI Systems, Inc. (OSIS) will hold its quarterly conference call on January 25, 2024, to discuss its results for the quarter ended December 31, 2023. The call will be webcast through the investor relations section at www.osi-systems.com. A replay will be available from January 25 to February 8, 2024, through the same website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.65%
Tags
none
-
Rhea-AI Summary
OSI Systems, Inc. (OSIS) received a $4 million order from a global air cargo logistics provider for advanced security inspection systems. The order includes CT-based explosive detection systems and large and small package screening systems. The Chairman and CEO, Deepak Chopra, expressed gratitude for the continued partnership and highlighted the expected optimization of the screening environment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.64%
Tags
none
Rhea-AI Summary
OSI Systems, Inc. (NASDAQ: OSIS) will be presenting at the CJS 24th Annual New Ideas Conference on January 10, 2024, at 2:20 PM ET. The live webcast can be accessed on the company's investor relations section.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.8%
Tags
conferences
-
Rhea-AI Summary
OSI Systems, Inc. (NASDAQ: OSIS) received a $59 million contract from a customer in the EMEA region for cargo and vehicle inspection platforms. The contract includes various high-energy cargo and vehicle inspection systems, a radiation portal monitor, and integration into a national command center. The Chairman and CEO, Deepak Chopra, expressed gratitude for the contract, highlighting the company's dedication to advancing imaging technology and anticipating increased recurring revenue.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.38%
Tags
none
-
Rhea-AI Summary
OSI Systems, Inc. (OSIS) announced that its Healthcare division, Spacelabs Healthcare®, has received a $5 million order to provide patient monitoring solutions to a U.S. based hospital. The order includes AI-enabled predictive analytics solutions, clinical workflow solutions, and patient monitoring tools.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.2%
Tags
none
Rhea-AI Summary
OSI Systems, Inc. (OSIS) has received orders worth $5 million for electronic assemblies from a leading technology OEM. The company will fulfill the orders using its operations in the United Kingdom. Chairman and CEO Deepak Chopra expressed satisfaction with the award, emphasizing the company's commitment to supporting the OEM.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.24%
Tags
none
-
Rhea-AI Summary
OSI Systems, Inc. (OSIS) has been awarded an $18 million contract by an international airport for various security solutions, including explosive detection and screening systems. The contract also includes multi-year maintenance and support. Chairman and CEO, Deepak Chopra, expressed enthusiasm for the opportunity to enhance airport security standards and improve the overall passenger experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
none
-
Rhea-AI Summary
OSI Systems, Inc. (OSIS) has been awarded a $5 million contract from a Latin American customer for cargo and vehicle inspection solutions. The contract includes the installation and integration support of the Eagle® P60, Z Portal®, and VM500 drive-through inspection systems. Deepak Chopra, Chairman and CEO, emphasized the company's commitment to enhancing global security and meeting evolving security needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
Tags
none
Rhea-AI Summary
OSI Systems (OSIS) Receives $5 Million Orders for Electronic Assemblies from Leading Motion Control and Fluid Technology OEM
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.24%
Tags
none

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
HAWTHORNE