OSI Systems Guides FY24 Revenues Well Above Estimates - Update

RTTNews | vor 564 Tagen
OSI Systems Guides FY24 Revenues Well Above Estimates - Update

(RTTNews) - While reporting financial results for the fourth quarter on Thursday, OSI Systems, Inc. (OSIS) initiated its adjusted earnings and revenue growth guidance for the full-year 2024.

For fiscal 2024, the company now projects adjusted earnings per share to grow more than 25 percent on revenue growth of more than 18 percent.

On average, four analysts polled by Thomson Reuters expect the company to report earnings of $7.13 per share on revenue growth of 10.2 percent to $1.38 billion for the year. Analysts' estimates typically exclude special items.

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OSI Systems Q3 Results Miss Estimates; Reiterates FY23 Outlook

OSI Systems Q3 Results Miss Estimates; Reiterates FY23 Outlook

OSI Systems, Inc. (OSIS) reported on Thursday that net income for the third quarter doubled to $42.74 million or $2.41 per share from $21.81 million or $1.27 per share in the prior-year quarter. Excluding items, adjusted earnings were $1.43 per share, compared to $1.49 per share in the year-ago quarter.
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