secwatch.observer — SEC 8-K summary
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Issuer:     OSI SYSTEMS INC (OSIS)
CIK:        0001039065
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0001157523-24-000110
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039065/000115752324000110/0001157523-24-000110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039065/000115752324000110/a53887772.htm
  HTML page:      https://secwatch.observer/filing/0001157523-24-000110

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