secwatch.observer — SEC 8-K summary
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Issuer:     OSI SYSTEMS INC (OSIS)
CIK:        0001039065
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001157523-23-001558
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039065/000115752323001558/0001157523-23-001558-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039065/000115752323001558/a53693297.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-001558

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