OSI Systems Q3 EPS $2.60 Tops Estimates, Raises Full-Year Guidance
OSI Systems posted fiscal Q3 net income of $40.2 million, with adjusted EPS of $2.60 beating the $2.53 consensus. Revenue grew to $453.2 million versus $451.4 million forecasts, and the company raised full-year EPS guidance to $10.30–$10.55 and revenue guidance to $1.83–$1.87 billion.
1. Third-Quarter Earnings
OSI Systems reported fiscal Q3 net income of $40.2 million and GAAP EPS of $2.33 per share. Adjusted earnings excluding one-time items reached $2.60 per share, surpassing the $2.53 consensus forecast.
2. Revenue Performance
The company posted quarterly revenue of $453.2 million, topping the $451.4 million analysts expected. Revenue strength was driven by robust demand in airport security and full-body scanning solutions.
3. Full-Year Guidance
OSI Systems raised its full-year earnings outlook to a range of $10.30 to $10.55 per share and revenue guidance to $1.83 billion to $1.87 billion. The upward revision reflects confidence in ongoing contract wins and stable market demand.