OSI Systems Q1 FY2022 revenue $279M (+10% YoY), GAAP EPS $1.04, book-to-bill 1.6, backlog $1.2B

OSI SYSTEMS INC

2021-Q3 EPS reported $1.04 revenue$279,257,000

Revenue $279.3M (+10% YoY); GAAP diluted EPS $1.04 (prior $0.51); non-GAAP diluted EPS $1.16 (prior $1.06).
Book-to-bill ratio of 1.6; backlog $1.2B (+15% from end of FY2021).
Security sales +11% YoY; received ~$200M in orders from U.S. Customs and Border Protection.
Optoelectronics & Manufacturing record revenues +16% YoY; Healthcare down slightly as expected.
Reiterated FY2022 guidance: revenue $1.190B-$1.225B; non-GAAP EPS $5.72-$6.00.

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