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.
Revenues grew by 22% year over year.
GAAP EPS increased 27% year over year to $2.46.
Non-GAAP adjusted EPS increased 36% year over year to $2.66.
Backlog increased 46% year over year reaching $1.8 billion.
For fiscal year 2024, the Company anticipates revenue growth in excess of 18% over revenues in fiscal 2023 and non-GAAP adjusted diluted earnings per share growth exceeding 25% compared to non-GAAP adjusted diluted earnings per share for fiscal year 2023.
Visualization of income flow from segment revenue to net income