OSI Systems (OSIS) Tops Q1 EPS by 1c, Approves 500K Share Buyback

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Go back to OSI Systems (OSIS) Tops Q1 EPS by 1c, Approves 500K Share Buyback

OSI Systems Reports First Quarter Fiscal 2016 Financial Results

October 29, 2015 4:05 PM EDT

Q1 Bookings of $454 million (Book-to-Bill Ratio of 2.3) Company Reiterates FY 2016 Sales Guidance of $985 million to $1,020 million and Earnings Guidance of $3.75 to $4.00 per Diluted Share Company Authorizes Additional 500,000 Shares to Stock Repurchase Program

HAWTHORNE, Calif.--(BUSINESS WIRE)-- OSI Systems, Inc. (NASDAQ: OSIS) today announced financial results for the quarter ended September 30, 2015.

Deepak Chopra, OSI Systems Chairman and CEO, stated, We are pleased to report the results of our first quarter. Although sales declined from... More