earnings
confidence high
sentiment neutral
materiality 0.70
OSI Systems Q2 revenues flat at $277M; Non-GAAP EPS $1.28 vs $1.35; lowers FY revenue guidance, raises EPS guidance
OSI SYSTEMS INC
2021-Q2 EPS reported
$2.13
revenue$555,938,000
- Q2 revenues $276.7M (flat YoY); GAAP EPS $1.09, Non-GAAP EPS $1.28 (vs $1.35 prior year).
- Backlog over $1.2B, up 12% from June 30, 2021; trailing six-month book-to-bill ratio 1.2.
- FY22 revenue guidance cut to $1.160B-$1.195B; Non-GAAP EPS guidance raised to $5.75-$6.02.
- Refinanced credit facility to $750M, extended maturity to Dec 2026; repurchased 312,790 shares.
- Optoelectronics & Manufacturing division posted record revenues and operating income; Security hit by COVID/supply chain.