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OSI Systems (OSIS) Tops Q4 EPS by 9c, Miss on Revenues; FY18 EPS Mid-Point Guide Above Consensus, FY18 Revenues Above Consensus

August 24, 2017 4:12 PM

OSI Systems (NASDAQ: OSIS) reported Q4 EPS of $1.02, $0.09 better than the analyst estimate of $0.93. Revenue for the quarter came in at $252 million versus the consensus estimate of $253.61 million.

Fiscal Year 2018 Outlook

Subject to risks described in this press release, the Company anticipates 8% to 12% growth in fiscal 2018 sales to $1,040,000,000 - $1,080,000,000. In addition, the Company anticipates 12% to 20% growth in non-GAAP earnings per diluted share to $3.35 - $3.60, excluding the fiscal 2018 impact of impairment, restructuring and other charges, amortization of acquired intangible assets and non-cash interest expense, and their related tax effects. As a result of the matters discussed under “Forward-Looking Statements,” actual sales and non-GAAP diluted earnings per share could vary from this guidance.

GUIDANCE:

OSI Systems sees FY2018 EPS of $3.35-$3.60, versus the consensus of $3.39. OSI Systems sees FY2018 revenue of $1.04-1.08 billion, versus the consensus of $1 billion.

For earnings history and earnings-related data on OSI Systems (OSIS) click here.

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