OSI Systems Reiterates FY23 Outlook - Update

RTTNews | 740 days ago
OSI Systems Reiterates FY23 Outlook - Update

(RTTNews) - While reporting financial results for the first quarter on Thursday, OSI Systems, Inc. (OSIS) reiterated its adjusted earnings and revenue guidance for the full-year 2023.

For fiscal 2023, the company continues to project adjusted earnings in a range of $6.02 to $6.25 per share on revenues between $1.24 billion and $1.275 billion.

On average, five analysts polled by Thomson Reuters expect the company to report earnings of $6.11 per share on revenues of $1.25 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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