---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-22-001412"
form_type: "8-K"
ticker: "OSIS"
cik: "0001039065"
company_name: "OSI SYSTEMS INC"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-22T23:16:37.001093+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# OSI Systems Q1 FY2023 revenues down 4% to $268M; GAAP EPS drops 38% to $0.65

## Summary
- Revenue $268.1M, down 4% YoY from $279.3M.
- GAAP EPS $0.65 (vs $1.04); adjusted EPS $0.87 (vs $1.16).
- Record Q1 backlog $1.3B, up 4% sequentially; book-to-bill 1.2.
- Operating cash flow $17.2M vs -$11.0M in prior year.
- Reiterates FY2023 guidance: revenue $1.240-$1.275B, adj EPS $6.02-$6.25.

## SEC filing metadata
- accession: 0001157523-22-001412
- form_type: 8-K
- ticker: OSIS
- cik: 0001039065
- company_name: OSI SYSTEMS INC
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039065/000115752322001412/0001157523-22-001412-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039065/000115752322001412/a52954117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-22-001412
- JSON: https://secwatch.observer/filing/0001157523-22-001412.json
- Plain text: https://secwatch.observer/filing/0001157523-22-001412.txt

## Key facts
- Earnings Releases
  OSI SYSTEMS INC reported the quarter ended September 30, 2022 results: revenue revenues of $268.1 million, net income Net income for the first quarter of fiscal 2023 was $11.2 million, EPS $0.65 per diluted share. Guidance reaffirmed.
  - Period: the quarter ended September 30, 2022
  - Revenue: revenues of $268.1 million
  - Net income: Net income for the first quarter of fiscal 2023 was $11.2 million
  - EPS: $0.65 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: For the first quarter of fiscal 2023, the Company reported revenues of $268.1 million, a 4% decrease compared to the $279.3 million reported for the first quarter of fiscal 2022. Net income for the first quarter of fiscal 2023 was $11.2 million, or $0.65 per diluted share, compared to net income of $19.1 million, or $1.04 per diluted share, for the first quarter of fiscal 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039065/000115752322001412/0001157523-22-001412-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.