OSI Systems (OSIS) Tops Q2 EPS by 4c

OSI Systems (NASDAQ: OSIS) reported Q2 EPS of $1.27, $0.04 better than the analyst estimate of $1.23. Revenue for the quarter came in at $305 million versus the consensus estimate of $316.75 million.

Deepak Chopra, OSI Systems’ Chairman and Chief Executive Officer, stated, “We are pleased with the second quarter performance as we delivered record earnings. With strong second quarter bookings and a robust pipeline of opportunities, we are in a good position as we enter the second half of fiscal 2020.”

GUIDANCE:

OSI Systems sees FY2020 EPS of $4.63-$4.85, versus the consensus of $4.71. OSI Systems sees FY2020 revenue of $1.205-1.24 billion, versus the consensus of $1.25 billion.

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

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