secwatch.observer — SEC 8-K summary
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Issuer:     OSI SYSTEMS INC (OSIS)
CIK:        0001039065
Form:       8-K
Filed at:   2022-01-27T23:59:59+00:00
Accession:  0001157523-22-000103
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OSI Systems Q2 revenues flat at $277M; Non-GAAP EPS $1.28 vs $1.35; lowers FY revenue guidance, raises EPS guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039065/000115752322000103/0001157523-22-000103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039065/000115752322000103/a52569600.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000103

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