OSI Systems, Inc. (NASDAQ: OSIS) reported Q3 EPS of $0.70, $0.08 worse than the analyst estimate of $0.78. Revenue for the quarter came in at $198.41 million versus the consensus estimate of $216.8 million.

“During the third quarter, we produced outstanding cash flow and generated record Adjusted EBITDA. Our earnings, however, fell short of the third quarter in the prior year primarily due to much higher depreciation in the current year as a result of the ramp-up of our Mexican turnkey operations, and several significant sales opportunities that slipped to our fourth quarter. We believe we are positioned to deliver very strong fourth quarter results,” said Deepak Chopra, OSI Systems’ Chairman and CEO.

OSI Systems, Inc. sees FY2014 EPS of $3.10-$3.29, versus the consensus of $3.17. OSI Systems, Inc. sees FY2014 revenue of $890-920 million, versus the consensus of $905.98 million.

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