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Dec 31, 2022
Osi Systems Q2 2023 Earnings Report
OSI Systems' Q2 2023 performance was solid with strong bookings and record backlog.
Key Takeaways
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.
Revenue increased by 7% year-over-year to $295.6 million.
GAAP earnings per diluted share were $0.96, compared to $1.09 in the prior year.
Adjusted earnings per diluted share were $1.19, compared to $1.28 in the prior year.
Record Q2 ended backlog of $1.5 billion, up 21% from June 30, 2022.
Revenue by Segment
Forward Guidance
The Company is reiterating its fiscal 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.
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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