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 Granted $10 Mln Order For RTT 110 Hold Baggage Screening Systems Latin American Airport
OSI Systems, Inc. (OSIS) announced Thursday that its Security division received an order for approximately $10 million to provide multiple units of its RTT 110 (Real Time Tomography) explosive detection system to screen passengers' hold (checked) baggage at an international airport in Latin America.
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215 days ago
OSI Systems Secures $42 Mln Airport Security Systems Contract From An International Airport
OSI Systems, Inc. (OSIS) announced Thursday that its Security division was awarded a contract from an international airport for approximately $42 million to provide a range of checkpoint and hold baggage screening solutions.
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236 days ago
OSI Systems Q3 Results Top Estimates; Boosts FY24 Adj. EPS Growth Outlook
OSI Systems, Inc. (OSIS) reported on Thursday that net income for the third quarter grew to $34.04 million or $1.95 per share from $21.81 million or $1.27 per share in the prior-year quarter.
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271 days ago
OSI Systems Q1 Adj. EPS Tops Estimates, But Revenues Miss; Boosts FY23 Adj. EPS Growth Outlook
OSI Systems, Inc. (OSIS) reported on Thursday that net income for the first quarter grew to $12.88 million or $0.75 per share from $11.24 million or $0.65 per share in the prior-year quarter.
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453 days ago
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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635 days ago
OSI Systems Reiterates FY23 Outlook - Update
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.
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817 days ago
Yen Falls As Asian Stock Markets Traded Higher
The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as Asian stock markets traded higher following the broadly positive cues from global markets overnight, as optimism about a few interest rate cuts by the U.S. Fed this year, and a drop in global bond yields. Markets in China and Hong Kong were down as the U.S. administration was discussing a 10 tariff against China and said tariffs on China could hinge on a deal over TikTok's ownership.
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5h 11min ago
European Economic News Preview: UK Public Sector Finance Data Due
Public sector finance from the UK is due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK government borrowing data for December. The budget deficit is forecast to widen to GBP 13.7 billion from GBP 11.25 billion in November.
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5h 23min ago
