---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001558"
form_type: "8-K"
ticker: "OSIS"
cik: "0001039065"
company_name: "OSI SYSTEMS INC"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T07:41:36.833527+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001157523-23-001558
- form_type: 8-K
- ticker: OSIS
- cik: 0001039065
- company_name: OSI SYSTEMS INC
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1039065/000115752323001558/0001157523-23-001558-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039065/000115752323001558/a53693297.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001558
- JSON: https://secwatch.observer/filing/0001157523-23-001558.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001558.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039065/000115752323001558/0001157523-23-001558-index.htm

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