OSI Systems Q1 FY24 revenue $279M (+4% YoY); raises FY24 adjusted EPS guidance to >27% growth

OSI SYSTEMS INC

2023-Q1 EPS reported $0.75 revenue$279,210,000

GAAP diluted EPS $0.75 vs $0.65 YoY; non-GAAP adjusted diluted EPS $0.91 vs $0.87 YoY.
Revenue $279.2M, up 4% YoY; Security division revenue up 14% YoY with record backlog.
Backlog at Q1-end approximately $1.8B; operating cash flow $17.1M, flat YoY.
FY2024 guidance: revenue growth >18% (reiterated); non-GAAP adjusted EPS growth raised to >27% (from >25%).
Healthcare division faced challenges with reduced revenues and operating income YoY.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

OSI SYSTEMS INC reported the first quarter of fiscal 2024 results: revenue $279.2 million, net income $12.9 million, EPS $0.75 per diluted share. Guidance raised.

Period: the first quarter of fiscal 2024
Revenue: $279.2 million
Net income: $12.9 million
EPS: $0.75 per diluted share
Guidance: raised
Result: reported results

Exact text from the filing

filing. --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 a53693297_ex991.htm EXHIBIT 99.1 Exhibit 99.1 OSI Systems Reports Fiscal 2024 First Quarter Financial Results Q1 Revenues of $279 Million Q1 Earnings Per Diluted Share GAAP EPS of $0.75 Non-GAAP Adjusted EPS of $0.91 Q1 Operating Income Growth of 23% Year-Over-Year Q1-Ended Backlog of Approximately $1.8 Billion

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Source: SEC EDGAR

accession 0001157523-23-001558

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