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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 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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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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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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Asian Markets A Sea Of Red
Asian stock markets are a sea of red on Tuesday, following the broadly negative cues from Wall Street overnight, amid increasing worries the U.S. is headed for a recession and concerns over the health of the world economy following the likely impact of President Donald Trump's tariffs and trade policies. Asian markets closed mostly higher on Monday.
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Australian Market Trims Early Losses In Mid-market
The Australian stock market is trimming its early losses in mid-market trading on Tuesday, but extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 7,900 level, with weakness is mining and technology stocks partially offset by gains in energy and financial stocks.
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