OSIS Stock Recent News

If you are looking for stocks that are well positioned to maintain their recent uptrend, OSI (OSIS) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

OSI Systems, Inc. (OSIS) Q2 2024 Earnings Call Transcript

The headline numbers for OSI (OSIS) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

OSI Systems (OSIS) came out with quarterly earnings of $2.21 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $1.19 per share a year ago.

Beyond analysts' top -and-bottom-line estimates for OSI (OSIS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.

OSI Systems recently reported two large contracts valued at close to $700 million, which could drive future net sales growth. OSIS offers significant diversification with customers in the defense, aerospace, telecommunications, and healthcare industries. New EU regulations and growing demand for security systems and trace detection systems could contribute to net sales growth.

HAWTHORNE, Calif.--(BUSINESS WIRE)--OSI Systems, Inc. (NASDAQ: OSIS), today announced that it will be presenting at the CJS 24th Annual New Ideas Conference on Wednesday, January 10, 2024 at 2:20 PM ET. To listen to the live webcast of the presentation, please visit the investor relations section of the OSI Systems website. About OSI Systems, Inc. OSI Systems, Inc. is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in.

OSI Systems' (OSIS) prospects are benefiting from strong clientele and an expanding order book.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

OSI (OSIS) is well positioned to outperform the market, as it exhibits above-average growth in financials.