earnings
confidence high
sentiment positive
materiality 0.75
OSI Systems Q3 revenues $303M, adjusted EPS $1.49; backlog $1.5B, up 19%
OSI SYSTEMS INC
2023-Q3 EPS reported
$2.88
revenue$866,557,000
- Q3 revenues $302.9M (+4% YoY); GAAP EPS $1.27, non-GAAP adjusted EPS $1.49.
- Backlog of $1.5B, up 19% from June 30, 2022; $600M Mexico award executed post-quarter.
- Operating cash flow $64.5M in Q3, up from $38.4M in prior year.
- Reiterates FY2023 revenue guidance $1.240B-$1.265B and adjusted EPS $6.02-$6.25.
- Q4 expectations: revenue growth 11-18% YoY, adjusted EPS growth 26-38% YoY.