OSI Systems Secures $42 Mln Airport Security Systems Contract From An International Airport

RTTNews | 236 days ago
OSI Systems Secures $42 Mln Airport Security Systems Contract From An International Airport

(RTTNews) - 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.

The solutions under the contract include the RTT 110 (Real Time Tomography) explosive detection system for screening hold baggage, Orion 920CT (Computed Tomography) checkpoint screening system integrated with Rapiscan TRS (Tray Return System) for inspecting carry-on items, and the 935DX large tunnel systems for screening air cargo and pallets.

Additionally, as part of this contract, OSI Systems is also responsible for comprehensive multi-year maintenance, service, and support.

read more
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.
RTTNews | 635 days ago
OSI Systems Reiterates FY23 Outlook - Update

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.
RTTNews | 817 days ago
Yen Falls As Asian Stock Markets Traded Higher

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.
RTTNews | 5h 22min ago
European Economic News Preview: UK Public Sector Finance Data Due

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.
RTTNews | 5h 34min ago