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Sep 30, 2024
Osi Systems Q1 2025 Earnings Report
Osi Systems reported a strong first quarter for fiscal year 2025 with record Q1 revenues and non-GAAP earnings per share.
Key Takeaways
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.
Q1 FY25 revenues increased by 23% year-over-year to $344.0 million.
Net income for Q1 FY25 was $17.9 million, or $1.05 per diluted share.
Non-GAAP net income for Q1 FY25 was $21.3 million, or $1.25 per diluted share.
The Security division's revenues increased 36% year-over-year.
Osi Systems
Osi Systems
Forward Guidance
The Company is increasing its fiscal 2025 revenues and non-GAAP adjusted diluted earnings per share guidance.