secwatch.observer — SEC 8-K summary
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Issuer:     OSI SYSTEMS INC (OSIS)
CIK:        0001039065
Form:       8-K
Filed at:   2023-01-26T23:59:59+00:00
Accession:  0001157523-23-000095
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OSI Systems Q2 revenue up 7% to $296M; GAAP EPS $0.96, adj. EPS $1.19; record backlog $1.5B
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- Q2 revenue $295.6M (+7% YoY); GAAP net income $16.4M ($0.96 EPS) vs $19.8M ($1.09 EPS) last year.
- Non-GAAP diluted EPS $1.19 vs $1.28 YoY; Q2 book-to-bill ratio 1.7; backlog $1.5B (+21% from June 2022).
- Security division revenue up 15% YoY; Healthcare revenue declined due to market conditions.
- FY2023 guidance: reiterates adj. EPS $6.02-$6.25; narrows revenue range to $1.24B-$1.265B.
- H2 FY2023 outlook: revenue growth 8-12% YoY; adj. EPS growth 17-23% YoY; expects margin expansion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039065/000115752323000095/0001157523-23-000095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039065/000115752323000095/a53291515.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-000095

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