---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001361"
form_type: "8-K"
ticker: "OSIS"
cik: "0001039065"
company_name: "OSI SYSTEMS INC"
filed_at: "2023-08-24T23:59:59+00:00"
generated_at: "2026-06-11T03:51:30.836156+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# OSI Systems reports record Q4 revenue $412M, EPS $2.46; backlog $1.8B; FY2024 guidance >18% revenue growth

## Summary
- Q4 revenues $411.9M, up 22% YoY; GAAP EPS $2.46; non-GAAP EPS $2.66 (up 36% YoY).
- Record backlog $1.8B as of June 30, 2023, up 46% from prior year.
- Security division book-to-bill ratio 2.4; Q4 revenues +29% YoY driven by cargo/vehicle inspection.
- FY2024 guidance: revenue growth >18%, non-GAAP adjusted EPS growth >25% over FY2023.
- Full FY2023 revenues $1.278B (+8% YoY); non-GAAP EPS $6.21 vs $5.81 prior year.

## SEC filing metadata
- accession: 0001157523-23-001361
- form_type: 8-K
- ticker: OSIS
- cik: 0001039065
- company_name: OSI SYSTEMS INC
- filed_at: 2023-08-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039065/000115752323001361/0001157523-23-001361-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039065/000115752323001361/a53544265.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001361
- JSON: https://secwatch.observer/filing/0001157523-23-001361.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001361.txt

## Key facts
- Earnings Releases
  OSI SYSTEMS INC reported fiscal year ended June 30, 2023 results: revenue $1.278 billion, net income $91.8 million, EPS $5.34 per diluted share. Guidance reaffirmed.
  - Period: fiscal year ended June 30, 2023
  - Revenue: $1.278 billion
  - Net income: $91.8 million
  - EPS: $5.34 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: For the fiscal year ended June 30, 2023, revenues increased 8% to $1.278 billion from $1.183 billion in the prior fiscal year. Net income for fiscal 2023 was $91.8 million, or $5.34 per diluted share, compared to net income for fiscal 2022 of $115.3 million, which included a gain on sale of $27.4 million for a sale-leaseback transaction, or $6.45 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039065/000115752323001361/0001157523-23-001361-index.htm
- Earnings Releases
  OSI SYSTEMS INC reported fourth quarter ended June 30, 2023 results: revenue $411.9 million, net income $42.4 million, EPS $2.46 per diluted share. Guidance reaffirmed.
  - Period: fourth quarter ended June 30, 2023
  - Revenue: $411.9 million
  - Net income: $42.4 million
  - EPS: $2.46 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: For the fourth quarter of fiscal 2023, the Company reported revenues of $411.9 million, a 22% increase compared to the $336.8 million reported for the fourth quarter of fiscal 2022. Net income for the fourth quarter of fiscal 2023 was $42.4 million, or $2.46 per diluted share, compared to net income in the fourth quarter of fiscal 2022 of $33.8 million, or $1.94 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039065/000115752323001361/0001157523-23-001361-index.htm
- Earnings Releases
  OSI SYSTEMS INC updated its fiscal year 2024 guidance (initiated).
  - Period: fiscal year 2024
  - Guidance: initiated
  - Result: guidance update
  source text: For fiscal year 2024, the Company anticipates revenue growth in excess of 18% over revenues in fiscal 2023 and non-GAAP adjusted diluted earnings per share growth exceeding 25% compared to non-GAAP adjusted diluted earnings per share for fiscal year 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039065/000115752323001361/0001157523-23-001361-index.htm

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