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Dec 31, 2021
Osi Systems Q2 2022 Earnings Report
OSI Systems reported comparable revenues and slightly decreased net income compared to the same quarter last year.
Key Takeaways
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.
Q2 revenues of $277 million.
Q2 GAAP EPS of $1.09.
Q2 non-GAAP EPS of $1.28.
Q2 ending backlog of $1.2 billion, a 12% increase from June 30, 2021.
Revenue by Segment
Forward Guidance
The Company is increasing its non-GAAP diluted earnings per share guidance given an anticipated stronger operating margin and is adjusting its fiscal year 2022 revenues guidance primarily as a result of the continued impacts stemming from the COVID pandemic.
Positive Outlook
- Increased non-GAAP diluted earnings per share guidance due to anticipated stronger operating margin.
Challenges Ahead
- Adjusted fiscal year 2022 revenues guidance due to the continued impacts stemming from the COVID pandemic.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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