Osi Systems Earnings Reports

OSI Systems delivered a strong Q4 with record quarterly revenue and non-GAAP EPS. Growth was fueled by increasing service revenues and robust demand in its Security division. The company also reported a healthy backlog heading into FY26.

OSI Systems reported record-breaking results for the third quarter of fiscal year 2025, with increases in revenues, non-GAAP earnings, and operating cash flow, driven by strong performance in the Security and Optoelectronics and Manufacturing divisions. The company also raised its full-year guidance.

OSI Systems reported a strong Q2 FY25 with record revenues of $419.8 million, a 12% increase year-over-year, and net income of $37.8 million, or $2.22 per diluted share. The company's backlog was over $1.8 billion as of December 31, 2024, and the book-to-bill ratio was 1.2 for the quarter.

OSI Systems announced strong Q1 FY25 results, with a 23% increase in revenue to $344.0 million and net income of $17.9 million, or $1.05 per diluted share. The company's backlog reached approximately $1.8 billion. The Security division saw significant growth, and the company increased its fiscal 2025 revenue and non-GAAP adjusted diluted earnings per share guidance.

OSI Systems reported a 17% increase in revenue to $480.9 million and net income of $44.7 million, or $2.55 per diluted share, for Q4 FY24. The Security division's strong performance drove record revenues and adjusted earnings per share. The company anticipates revenues in the range of $1.620 billion to $1.650 billion and non-GAAP adjusted earnings per diluted share in the range of $8.80 to $9.15 for fiscal year 2025.

OSI Systems reported a strong Q3 FY24 with a 34% increase in revenue to $405.4 million and net income of $34.0 million, or $1.95 per diluted share. The Security division's performance drove significant operating income growth, and the company anticipates a strong conclusion to fiscal 2024.

OSI Systems reported a record-breaking second quarter with revenues of $373.2 million, a 26% increase year-over-year. GAAP EPS was $2.11 and non-GAAP adjusted EPS was $2.21, an 86% increase year-over-year. The company increased its full-year revenue and non-GAAP adjusted EPS guidance.

OSI Systems reported Q1 FY24 revenues of $279.2 million, a 4% increase year-over-year. GAAP EPS was $0.75, and non-GAAP adjusted EPS was $0.91. The company increased its FY 2024 non-GAAP adjusted diluted EPS guidance to year-over-year growth of >27% and reiterated its FY 2024 revenues guidance.

OSI Systems reported record Q4 revenues of $411.9 million, a 22% increase year-over-year. GAAP EPS was $2.46, a 27% increase year-over-year, and non-GAAP adjusted EPS was $2.66, a 36% increase year-over-year. The company's backlog reached a record $1.8 billion, a 46% increase from the previous year.

OSI Systems reported a 4% increase in revenue and a 17% increase in adjusted operating income for Q3 2023. The company's backlog reached a record $1.5 billion, and operating cash flow significantly surpassed the previous year's quarter. The company reiterates FY 2023 revenues guidance and non-GAAP adjusted EPS guidance.

OSI Systems reported a 7% increase in revenue to $295.6 million, with GAAP EPS of $0.96 and adjusted EPS of $1.19. The company's book-to-bill ratio was 1.7, and backlog reached a record $1.5 billion, a 21% increase from June 30, 2022. The company is reiterating its fiscal year 2023 non-GAAP diluted earnings per share guidance of $6.02 - $6.25 and narrowing the range of its fiscal 2023 revenues guidance from $1.240 billion - $1.275 billion to $1.240 billion - $1.265 billion.

OSI Systems reported Q1 2023 revenues of $268.1 million, a 4% decrease compared to Q1 2022. GAAP EPS was $0.65, and adjusted EPS was $0.87. The company's backlog reached a record $1.3 billion.

OSI Systems reported a 1% increase in revenue to $336.8 million and GAAP EPS of $1.94 for the fourth quarter of fiscal year 2022. The company's backlog reached $1.2 billion, a 15% increase from the previous year. Despite global economic challenges, the company anticipates revenues between $1.240 billion and $1.275 billion and adjusted earnings per diluted share between $6.02 and $6.25 for fiscal year 2023.

OSI Systems announced its Q3 2022 financial results, reporting a 2.4% increase in revenue to $290.5 million and a net income of $42.7 million, or $2.41 per diluted share. The company's backlog reached $1.2 billion, representing a 14% increase from the previous year. The company reiterated its FY 2022 revenue and non-GAAP EPS guidance.

OSI Systems reported revenues of $276.7 million, comparable to $276.0 million in the second quarter of fiscal 2021. Net income was $19.8 million, or $1.09 per diluted share, compared to $20.0 million, or $1.10 per diluted share, for the second quarter of fiscal 2021. The company increased its non-GAAP diluted earnings per share guidance and reduced its revenue guidance for fiscal year 2022.

OSI Systems reported a 10% increase in revenue, reaching $279.3 million, and GAAP EPS of $1.04. The company's book-to-bill ratio was 1.6, and backlog increased to $1.2 billion.

OSI Systems reported a 20% increase in revenue compared to the same quarter last year. The company achieved record GAAP and non-GAAP EPS. The company provided revenue and non-GAAP EPS guidance for fiscal year 2022.

OSI Systems reported Q3 revenues of $283.8 million and GAAP EPS of $1.03. The company's Q3 backlog increased to $1.1 billion, and they raised fiscal 2021 revenue and non-GAAP EPS guidance.

OSI Systems reported Q2 revenues of $276 million and GAAP EPS of $1.10. The company's backlog reached $1.0 billion as of December 31, 2020, a 20% increase from June 30, 2020. The company raised its fiscal year 2021 revenue and non-GAAP diluted earnings per share guidance.

OSI Systems reported Q1 revenues of $254.9 million, a decrease of 12% year-over-year. GAAP EPS was $0.51, while non-GAAP EPS reached a record $1.06, a 16% increase year-over-year. The company's book-to-bill ratio was 1.6, and operating cash flow was $54 million.

OSI Systems reported a decrease in revenue for the fourth quarter of fiscal year 2020, with a decrease in net income, but an increase in non-GAAP net income compared to the fourth quarter of fiscal year 2019. The company's book-to-bill ratio was approximately 1.0, and backlog was $861 million. The Healthcare division revenues increased, while the Security division experienced adjusted operating margin expansion.

OSI Systems reported Q3 revenues of $292.9 million and GAAP EPS of $1.06. The company is revising its fiscal year 2020 non-GAAP earnings guidance to $4.45 to $4.65 per diluted share and its fiscal year 2020 sales guidance to a range of $1.165 billion to $1.185 billion.