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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.
Revenues for Q2 FY25 were $419.8 million, a 12% increase year-over-year.
Net income for Q2 FY25 was $37.8 million, or $2.22 per diluted share.
Non-GAAP net income for Q2 FY25 was $41.2 million, or $2.42 per diluted share.
The Company's book-to-bill ratio was 1.2 for the second quarter of fiscal 2025.
The Company is increasing its fiscal 2025 revenues and non-GAAP diluted earnings per share guidance.