---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-24-000110"
form_type: "8-K"
ticker: "OSIS"
cik: "0001039065"
company_name: "OSI SYSTEMS INC"
filed_at: "2024-01-25T23:59:59+00:00"
generated_at: "2026-06-06T17:22:47.560622+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# OSI Systems Q2: record revenue $373M, non-GAAP EPS $2.21, raises FY2024 guidance

## Summary
- Q2 revenue $373.2M (+26% YoY); GAAP EPS $2.11 (from $0.96); non-GAAP EPS $2.21 (from $1.19, +86% YoY).
- Security division revenue up 49% YoY; adjusted operating margin expanded to 22.1% from 14.7%.
- Backlog ~$1.8B; book-to-bill ratio 1.0; operating cash flow negative $23.5M on working capital investments.
- FY2024 revenue guidance raised to >19% growth (from >18%); non-GAAP EPS growth raised to >29% (from >27%).
- Healthcare revenue & op income declined but book-to-bill >1.1; Optoelectronics margin improved.

## SEC filing metadata
- accession: 0001157523-24-000110
- form_type: 8-K
- ticker: OSIS
- cik: 0001039065
- company_name: OSI SYSTEMS INC
- filed_at: 2024-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039065/000115752324000110/0001157523-24-000110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039065/000115752324000110/a53887772.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-24-000110
- JSON: https://secwatch.observer/filing/0001157523-24-000110.json
- Plain text: https://secwatch.observer/filing/0001157523-24-000110.txt

## Key facts
- Earnings Releases
  OSI SYSTEMS INC reported three months ended December 31, 2023 results: revenue $373.2 million, net income $36.6 million, or $2.11 per diluted share, EPS $2.11 per diluted share. Guidance raised.
  - Period: three months ended December 31, 2023
  - Revenue: $373.2 million
  - Net income: $36.6 million, or $2.11 per diluted share
  - EPS: $2.11 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 a53887772ex99_1.htm EXHIBIT 99.1 Exhibit 99.1 OSI Systems Reports Fiscal 2024 Second Quarter Financial Results Record Q2 Revenues of $373 Million (26% growth year-over-year) Record Q2 Earnings Per Diluted Share GAAP EPS of $2.11 Non-GAAP Adjusted EPS of $2.21 (86% growth year-over-year) Q2 Operating Income Growth of 105%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039065/000115752324000110/0001157523-24-000110-index.htm

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