- Record Q4 Revenues of $505 Million
- Record Fiscal Year Revenues of $1.713 billion (up 11% YoY)
- Q4 GAAP EPS of $3.03 and Record Non-GAAP EPS of $3.24
- Fiscal Year GAAP EPS of $8.71 and Record Non-GAAP EPS of $9.36 (up 15% YoY)
- Year-End Backlog of > $1.8 Billion
OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced its financial results for the three months and fiscal year ended June 30, 2025.
Ajay Mehra, OSI Systems’ President and Chief Executive Officer, stated: “We are pleased to report record-breaking fourth quarter and 2025 fiscal year revenues and non-GAAP earnings per share, led by excellent execution in our Security division. Fourth quarter performance was driven by strong growth in the Security division’s service revenues resulting from an increasing installed base of our products. With robust bookings, solid backlog and high visibility into our opportunity pipeline, we are poised for success in fiscal 2026 and expect to deliver strong cash flow this fiscal year.”
| Financial Summary | |||||||||||||
| Three Months Ended June 30, | Fiscal Years Ended June 30, | ||||||||||||
| (In thousands, except per-share amounts) | 2024 |
2025 |
% Growth |
2024 |
2025 |
% Growth |
|||||||
| Revenues | $ |
480,907 |
$ |
504,985 |
5% |
$ |
1,538,758 |
$ |
1,713,166 |
11% |
|||
| Operating income - GAAP | $ |
62,818 |
$ |
73,022 |
16% |
$ |
189,061 |
$ |
217,524 |
15% |
|||
| % of revenues |
|
13.1% |
|
14.5% |
|
12.3% |
|
12.7% |
|||||
| Operating income - non- GAAP | $ |
71,211 |
$ |
79,479 |
12% |
$ |
212,218 |
$ |
240,855 |
13% |
|||
| % of revenues |
|
14.8% |
|
15.7% |
|
13.8% |
|
14.1% |
|||||
| Earnings per share - GAAP | $ |
2.55 |
$ |
3.03 |
19% |
$ |
7.38 |
$ |
8.71 |
18% |
|||
| Earnings per share - non-GAAP | $ |
2.84 |
$ |
3.24 |
14% |
$ |
8.13 |
$ |
9.36 |
15% |
|||
| Effective tax rate - GAAP |
|
18.3% |
|
19.8% |
|
20.5% |
|
19.6% |
|||||
| Normalized tax rate - non-GAAP |
|
21.2% |
|
21.9% |
|
23.4% |
|
23.2% |
|||||
| Book to Bill Ratio |
|
0.8 |
|
1.0 |
|
0.9 |
|
1.1 |
|||||
| Cash flow provided by (used in) operating activities | $ |
(29,041) |
$ |
561 |
$ |
(87,501) |
$ |
97,592 |
|||||
| Capital expenditures | $ |
8,499 |
$ |
6,119 |
$ |
22,102 |
$ |
23,832 |
|||||
Alan Edrick, OSI Systems’ Executive Vice President and Chief Financial Officer, added: “Subsequent to fiscal year end, we expanded our credit facility to increase our total borrowing capacity to $825 million and extended the maturity to July 2030. With this enhanced facility coupled with our expected strong cash flow generation in fiscal 2026, we are well-positioned to invest in strategic initiatives and drive long-term value.”
Fiscal Year 2026 Outlook
|
Guidance |
|
|
Revenues |
$1.805 billion - $1.850 billion |
YoY Growth Rate |
5.4% - 8.0% |
|
|
Non-GAAP Diluted Earnings Per Share |
$10.11 - $10.39 |
YoY Growth Rate |
8.0% - 11.0% |
|
|
The Company is providing its fiscal 2026 revenues and non-GAAP diluted earnings per share guidance, as indicated above. Actual revenues and non-GAAP diluted earnings per share could vary from this guidance due to factors discussed under “Forward-Looking Statements” or other factors.
The Company’s fiscal 2026 diluted earnings per share guidance is provided on a non-GAAP basis only. The Company does not provide a reconciliation of guidance for non-GAAP adjusted diluted EPS to GAAP diluted EPS (the most directly comparable GAAP measure) on a forward-looking basis because the Company is unable to provide a meaningful or accurate compilation of reconciling items and certain information is not available. This is due to the inherent difficulty and complexity in accurately forecasting the timing and amounts of various items included in the calculation of GAAP diluted EPS but excluded in the calculation of non-GAAP diluted EPS, such as acquisition costs and other non-recurring items that have not yet occurred, are out of the Company’s control or cannot otherwise reasonably be predicted. For the same reasons, the Company is unable to address the significance of unavailable information which may be material and therefore could result in GAAP diluted EPS being materially different from projected non-GAAP diluted EPS.
Conference Call Information
The Company will host a conference call and simultaneous webcast beginning at 9:00 am PT (12:00 pm ET) today to discuss its financial results for the 2025 fourth fiscal quarter and full fiscal year. To listen, please visit the Investor Relations section of the OSI Systems website at http://investors.osi-systems.com/index.cfm and follow the link that will be posted on the front page. A replay of the webcast will be available beginning shortly after the conclusion of the conference call for approximately three months thereafter. The replay can be accessed through the Company’s website at www.osi-systems.com.
About OSI Systems
OSI Systems designs and manufactures specialized electronic systems and components for critical applications. The Company operates through three key segments: Security, Optoelectronics and Manufacturing, and Healthcare. Its Security division delivers advanced inspection systems, turnkey screening solutions, and comprehensive support services to protect people and infrastructure. The Optoelectronics and Manufacturing segment serves as a trusted global supplier of high-performance optoelectronic solutions and precision manufacturing services for leading OEMs. The Healthcare segment focuses on patient monitoring, diagnostic cardiology, and related services to enhance clinical care and patient outcomes. Serving over 170 countries, OSI Systems strategically positions its sales, service, R&D, and manufacturing capabilities worldwide to provide fast and efficient delivery and support. For more information on OSI Systems or any of its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-E
Presentation of Non-GAAP Financial Measures
This earnings release includes a presentation of non-GAAP net income, non-GAAP diluted earnings per share, non-GAAP operating income (loss) by segment and non-GAAP operating margin, all of which are non-GAAP financial measures. The presentation of these non-GAAP figures is provided to allow for the comparison of the underlying performance of the Company, excluding the impact of restructuring and other charges (including certain legal costs), amortization of intangible assets acquired through business acquisitions, and associated tax effects, and discrete income tax items. Although we exclude amortization of acquired intangible assets from our non-GAAP figures, revenue generated from such intangibles is included in determining non-GAAP financial performance of the Company. Management believes that the non-GAAP financial measures presented in this earnings release provide (i) enhanced insight into the ongoing operations of the Company, (ii) meaningful information regarding the Company’s financial results (excluding amounts management does not view as reflective of ongoing operating results) for purposes of planning, forecasting and assessing the performance of the Company’s businesses, (iii) a meaningful comparison of financial results of the current period against results of past periods and (iv) financial results that are generally more comparable to financial results of peer companies than are GAAP figures. Non-GAAP financial measures should not be assessed in isolation or as a substitute for measures of financial performance prepared in accordance with GAAP. Our non-GAAP measures may not be the same as measures used by other companies due to possible differences in methods and in the items or events for which adjustments are made.
Reconciliations of GAAP financial information to non-GAAP financial information are provided in the accompanying tables. The financial results calculated in accordance with GAAP and reconciliations from those financial results should be carefully evaluated.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements relate to the Company's current expectations, beliefs, and projections concerning matters that are not historical facts. Forward-looking statements are not guarantees of future performance and involve uncertainties, risks, assumptions, and contingencies, many of which are outside the Company's control and which may cause actual results to differ materially from those described in or implied by any forward-looking statement. Forward-looking statements include, but are not limited to, information provided regarding expected revenues, earnings, growth, cash flow generation, and operational performance in fiscal 2026 and beyond. The Company could be exposed to a variety of negative consequences as a result of delays related to the award of domestic and international contracts; failure to secure the renewal of key customer contracts; delays in customer programs; delays in revenue recognition related to the timing of customer acceptance; the impact of potential information technology, cybersecurity or data security breaches; changes in domestic and foreign government spending and budgetary, procurement and trade policies adverse to the Company's businesses; the impact of the Russia-Ukraine conflict or conflicts in the Middle East, including the potential for broad economic disruption; global economic uncertainty, including the impact of tariffs; material delays and cancellations of orders or deliveries thereon, supply chain disruptions, plant closures, or other adverse impacts on the Company’s ability to execute business plans; unfavorable currency exchange rate fluctuations; unfavorable interest rate fluctuations; effect of changes in tax legislation; market acceptance of the Company's new and existing technologies, products, and services; the Company's ability to win new business and convert orders received to sales within the current fiscal year; contract and regulatory compliance matters, and actions which, if brought, could result in judgments, settlements, fines, injunctions, debarment, or penalties; and other risks and uncertainties, including, but not limited to, those detailed herein and from time to time in the Company's Securities and Exchange Commission filings, which could have a material and adverse impact on the Company's business, financial condition, and results of operations. For additional information on these and other factors that could cause the Company's future results to differ materially from those in any forward-looking statements, see the section titled "Risk Factors" in the Company's most recently filed Annual Report on Form 10-K and other risks described therein and in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission. Undue reliance should not be placed on forward-looking statements, which are based on currently available information and speak only as of the date on which they are made. The Company assumes no obligation to update any forward-looking statement made in this press release that becomes untrue because of subsequent events, new information, or otherwise, except to the extent required to do so under federal securities laws.
OSI SYSTEMS, INC. AND SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share data) |
|||||||||||||||
|
Three Months Ended June 30, |
Fiscal Year Ended June 30, |
|||||||||||||
|
|
2024 |
|
|
|
2025 |
|
|
|
2024 |
|
|
|
2025 |
|
Revenues: |
|
|
|
|
|||||||||||
Products |
$ |
390,342 |
|
$ |
392,633 |
|
$ |
1,207,590 |
|
$ |
1,323,291 |
|
|||
Services |
|
90,565 |
|
|
112,352 |
|
|
331,168 |
|
|
389,875 |
|
|||
Total net revenues |
|
480,907 |
|
|
504,985 |
|
|
1,538,758 |
|
|
1,713,166 |
|
|||
Cost of goods sold: |
|
|
|
|
|||||||||||
Products |
|
274,408 |
|
|
277,821 |
|
|
822,346 |
|
|
908,997 |
|
|||
Services |
|
52,182 |
|
|
58,926 |
|
|
185,954 |
|
|
216,987 |
|
|||
Total cost of goods sold |
|
326,590 |
|
|
336,747 |
|
|
1,008,300 |
|
|
1,125,984 |
|
|||
Gross profit |
|
154,317 |
|
|
168,238 |
|
|
530,458 |
|
|
587,182 |
|
|||
Operating expenses: |
|
|
|
|
|||||||||||
Selling, general and administrative |
|
71,745 |
|
|
74,685 |
|
|
269,731 |
|
|
290,879 |
|
|||
Research and development |
|
15,859 |
|
|
18,844 |
|
|
65,275 |
|
|
73,444 |
|
|||
Restructuring and other charges, net |
|
3,895 |
|
|
1,687 |
|
|
6,391 |
|
|
5,335 |
|
|||
Total operating expenses |
|
91,499 |
|
|
95,216 |
|
|
341,397 |
|
|
369,658 |
|
|||
Income from operations |
|
62,818 |
|
|
73,022 |
|
|
189,061 |
|
|
217,524 |
|
|||
Interest and other expense, net |
|
(8,158 |
) |
|
(7,224 |
) |
|
(27,847 |
) |
|
(31,430 |
) |
|||
Income before income taxes |
|
54,660 |
|
|
65,798 |
|
|
161,214 |
|
|
186,094 |
|
|||
Provision for income taxes |
|
(9,981 |
) |
|
(13,050 |
) |
|
(33,060 |
) |
|
(36,457 |
) |
|||
Net income |
$ |
44,679 |
|
$ |
52,748 |
|
$ |
128,154 |
|
$ |
149,637 |
|
|||
|
|
|
|
|
|||||||||||
Diluted earnings per share |
$ |
2.55 |
|
$ |
3.03 |
|
$ |
7.38 |
|
$ |
8.71 |
|
|||
Weighted average shares outstanding – diluted |
|
17,504 |
|
|
17,412 |
|
|
17,354 |
|
|
17,178 |
|
|||
OSI SYSTEMS, INC. AND SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands) |
|||||||
|
June 30, 2024 |
|
June 30, 2025 |
||||
Assets |
|
|
|
||||
|
|
|
|
||||
Cash and cash equivalents |
$ |
95,353 |
|
$ |
106,405 |
||
Accounts receivable, net |
|
648,155 |
|
|
|
837,743 |
|
Inventories |
|
397,939 |
|
|
|
407,174 |
|
Prepaid expenses and other current assets |
|
74,077 |
|
|
|
71,539 |
|
Total current assets |
|
1,215,524 |
|
|
|
1,422,861 |
|
Property and equipment, net |
|
113,967 |
|
|
|
126,747 |
|
Goodwill |
|
351,480 |
|
|
|
387,393 |
|
Intangible assets, net |
|
139,529 |
|
|
|
183,290 |
|
Other non-current assets |
|
115,508 |
|
|
|
120,966 |
|
Total Assets |
$ |
1,936,008 |
|
|
$ |
2,241,257 |
|
|
|
|
|
||||
Liabilities and Stockholders' Equity |
|
|
|
||||
|
|
|
|
||||
Bank lines of credit |
$ |
384,000 |
|
|
$ |
178,000 |
|
Current portion of long-term debt |
|
8,167 |
|
|
|
8,130 |
|
Accounts payable and accrued expenses |
|
248,427 |
|
|
|
281,304 |
|
Other current liabilities |
|
174,043 |
|
|
|
229,504 |
|
Total current liabilities |
|
814,637 |
|
|
|
696,938 |
|
Long-term debt |
|
129,383 |
|
|
|
463,504 |
|
Other long-term liabilities |
|
128,505 |
|
|
|
129,731 |
|
Total liabilities |
|
1,072,525 |
|
|
|
1,290,173 |
|
Total stockholders’ equity |
|
863,483 |
|
|
|
951,084 |
|
Total Liabilities and Stockholders’ Equity |
$ |
1,936,008 |
|
|
$ |
2,241,257 |
|
| SEGMENT INFORMATION AND NON-GAAP FINANCIAL MEASURES | ||||||||||||||||||||||||||||||
| Three Months Ended June 30, | ||||||||||||||||||||||||||||||
|
|
2024 |
|
2025 |
||||||||||||||||||||||||||
| (In thousands, except per-share amounts) | Operating | % of | Net | Operating | % of | Net | ||||||||||||||||||||||||
| Revenues | Income | Revenues | Income | EPS | Revenues | Income | Revenues | Income | EPS | |||||||||||||||||||||
| OSI Consolidated | ||||||||||||||||||||||||||||||
| GAAP basis | $ |
480,907 |
$ |
62,818 |
13.1 |
% |
$ |
44,679 |
|
$ |
2.55 |
|
$ |
504,985 |
$ |
73,022 |
14.5 |
% |
$ |
52,748 |
|
$ |
3.03 |
|
||||||
| Restructuring and other charges, net |
|
3,895 |
|
0.8 |
% |
|
3,895 |
|
|
0.22 |
|
|
1,687 |
|
0.3 |
% |
|
1,687 |
|
|
0.10 |
|
||||||||
| Amortization of acquired intangible assets |
|
4,498 |
|
0.9 |
% |
|
4,498 |
|
|
0.26 |
|
|
4,770 |
|
0.9 |
% |
|
4,770 |
|
|
0.27 |
|
||||||||
| Tax benefit of non-GAAP adjustments |
|
(1,796 |
) |
|
(0.10 |
) |
|
(1,380 |
) |
|
(0.08 |
) |
||||||||||||||||||
| Discrete tax benefit |
|
(1,596 |
) |
|
(0.09 |
) |
|
(1,373 |
) |
|
(0.08 |
) |
||||||||||||||||||
| Non-GAAP basis | $ |
71,211 |
|
14.8 |
% |
$ |
49,680 |
|
$ |
2.84 |
|
$ |
79,479 |
|
15.7 |
% |
$ |
56,452 |
|
$ |
3.24 |
|
||||||||
| Operating | % of | Operating | % of | |||||||||||||||||||||||||||
| Revenues | Income | Revenues | Revenues | Income | Revenues | |||||||||||||||||||||||||
| Revenue and Operating Income by Segment | ||||||||||||||||||||||||||||||
| Security | ||||||||||||||||||||||||||||||
| GAAP basis | $ |
342,509 |
|
$ |
60,678 |
|
17.7 |
% |
$ |
366,971 |
|
$ |
70,538 |
|
19.2 |
% |
||||||||||||||
| Restructuring and other charges, net |
|
54 |
|
0.0 |
% |
|
- |
|
0.0 |
% |
||||||||||||||||||||
| Amortization of acquired intangible assets |
|
2,801 |
|
0.8 |
% |
|
4,174 |
|
1.2 |
% |
||||||||||||||||||||
| Non-GAAP basis |
|
63,533 |
|
18.5 |
% |
|
74,712 |
|
20.4 |
% |
||||||||||||||||||||
| Optoelectronics & Manufacturing | ||||||||||||||||||||||||||||||
| GAAP basis |
|
102,069 |
|
|
10,321 |
|
10.1 |
% |
|
112,667 |
|
|
14,999 |
|
13.3 |
% |
||||||||||||||
| Restructuring and other charges, net |
|
2,468 |
|
2.4 |
% |
|
- |
|
0.0 |
% |
||||||||||||||||||||
| Amortization of acquired intangible assets |
|
1,396 |
|
1.4 |
% |
|
327 |
|
0.3 |
% |
||||||||||||||||||||
| Non-GAAP basis |
|
14,185 |
|
13.9 |
% |
|
15,326 |
|
13.6 |
% |
||||||||||||||||||||
| Healthcare | ||||||||||||||||||||||||||||||
| GAAP basis |
|
50,305 |
|
|
3,856 |
|
7.7 |
% |
|
42,684 |
|
|
(1,368 |
) |
-3.2 |
% |
||||||||||||||
| Restructuring and other charges, net |
|
499 |
|
1.0 |
% |
|
1,467 |
|
3.4 |
% |
||||||||||||||||||||
| Amortization of acquired intangible assets |
|
301 |
|
0.6 |
% |
|
269 |
|
0.7 |
% |
||||||||||||||||||||
| Non-GAAP basis |
|
4,656 |
|
9.3 |
% |
|
368 |
|
0.9 |
% |
||||||||||||||||||||
| Corporate/Elimination | ||||||||||||||||||||||||||||||
| GAAP basis |
|
(13,976 |
) |
|
(12,037 |
) |
|
(17,337 |
) |
|
(11,147 |
) |
||||||||||||||||||
| Restructuring and other charges, net |
|
874 |
|
|
220 |
|
||||||||||||||||||||||||
| Non-GAAP basis |
|
(11,163 |
) |
|
(10,927 |
) |
||||||||||||||||||||||||
| OSI Consolidated | ||||||||||||||||||||||||||||||
| GAAP basis | $ |
480,907 |
|
|
62,818 |
|
13.1 |
% |
$ |
504,985 |
|
|
73,022 |
|
14.5 |
% |
||||||||||||||
| Restructuring and other charges, net |
|
3,895 |
|
0.8 |
% |
|
1,687 |
|
0.3 |
% |
||||||||||||||||||||
| Amortization of acquired intangible assets |
|
4,498 |
|
0.9 |
% |
|
4,770 |
|
0.9 |
% |
||||||||||||||||||||
| Non-GAAP basis | $ |
71,211 |
|
14.8 |
% |
$ |
79,479 |
|
15.7 |
% |
||||||||||||||||||||
| SEGMENT INFORMATION AND NON-GAAP FINANCIAL MEASURES | ||||||||||||||||||||||||||||||
| Years Ended June 30, | ||||||||||||||||||||||||||||||
|
|
2024 |
|
2025 |
||||||||||||||||||||||||||
| (In thousands, except per-share amounts) | Operating | % of | Net | Operating | % of | Net | ||||||||||||||||||||||||
| Revenues | Income | Revenues | Income | EPS | Revenues | Income | Revenues | Income | EPS | |||||||||||||||||||||
| OSI Consolidated | ||||||||||||||||||||||||||||||
| GAAP basis | $ |
1,538,758 |
|
$ |
189,061 |
|
12.3 |
% |
$ |
128,154 |
|
$ |
7.38 |
|
$ |
1,713,166 |
|
$ |
217,524 |
|
12.7 |
% |
$ |
149,637 |
|
$ |
8.71 |
|
||
| Restructuring and other charges, net |
|
6,391 |
|
0.4 |
% |
|
6,391 |
|
|
0.37 |
|
|
5,335 |
|
0.3 |
% |
|
5,335 |
|
|
0.31 |
|
||||||||
| Amortization of acquired intangible assets |
|
16,766 |
|
1.1 |
% |
|
16,766 |
|
|
0.97 |
|
|
17,996 |
|
1.1 |
% |
|
17,996 |
|
|
1.05 |
|
||||||||
| Tax benefit of non-GAAP adjustments |
|
(5,428 |
) |
|
(0.32 |
) |
|
(5,413 |
) |
|
(0.32 |
) |
||||||||||||||||||
| Discrete tax benefit |
|
(4,729 |
) |
|
(0.27 |
) |
|
(6,717 |
) |
|
(0.39 |
) |
||||||||||||||||||
| Non-GAAP basis | $ |
212,218 |
|
13.8 |
% |
$ |
141,154 |
|
$ |
8.13 |
|
$ |
240,855 |
|
14.1 |
% |
$ |
160,838 |
|
$ |
9.36 |
|
||||||||
| Operating | % of | Operating | % of | |||||||||||||||||||||||||||
| Revenues | Income | Revenues | Revenues | Income | Revenues | |||||||||||||||||||||||||
| Revenue and Operating Income by Segment | ||||||||||||||||||||||||||||||
| Security | ||||||||||||||||||||||||||||||
| GAAP basis | $ |
1,043,073 |
|
$ |
183,270 |
|
17.5 |
% |
$ |
1,196,180 |
|
$ |
204,952 |
|
17.1 |
% |
||||||||||||||
| Restructuring and other charges, net |
|
675 |
|
0.1 |
% |
|
1,882 |
|
0.2 |
% |
||||||||||||||||||||
| Amortization of acquired intangible assets |
|
11,567 |
|
1.1 |
% |
|
14,882 |
|
1.2 |
% |
||||||||||||||||||||
| Non-GAAP basis |
|
195,512 |
|
18.7 |
% |
|
221,716 |
|
18.5 |
% |
||||||||||||||||||||
| Optoelectronics & Manufacturing | ||||||||||||||||||||||||||||||
| GAAP basis |
|
384,268 |
|
|
42,814 |
|
11.2 |
% |
|
412,065 |
|
|
51,540 |
|
12.5 |
% |
||||||||||||||
| Restructuring and other charges, net |
|
3,548 |
|
0.9 |
% |
|
619 |
|
0.2 |
% |
||||||||||||||||||||
| Amortization of acquired intangible assets |
|
3,994 |
|
1.0 |
% |
|
1,862 |
|
0.4 |
% |
||||||||||||||||||||
| Non-GAAP basis |
|
50,356 |
|
13.1 |
% |
|
54,021 |
|
13.1 |
% |
||||||||||||||||||||
| Healthcare | ||||||||||||||||||||||||||||||
| GAAP basis |
|
171,435 |
|
|
6,013 |
|
3.5 |
% |
|
168,362 |
|
|
2,462 |
|
1.5 |
% |
||||||||||||||
| Restructuring and other charges, net |
|
810 |
|
0.5 |
% |
|
2,246 |
|
1.3 |
% |
||||||||||||||||||||
| Amortization of acquired intangible assets |
|
1,205 |
|
0.7 |
% |
|
1,252 |
|
0.7 |
% |
||||||||||||||||||||
| Non-GAAP basis |
|
8,028 |
|
4.7 |
% |
|
5,960 |
|
3.5 |
% |
||||||||||||||||||||
| Corporate/Elimination | ||||||||||||||||||||||||||||||
| GAAP basis |
|
(60,018 |
) |
|
(43,036 |
) |
|
(63,441 |
) |
|
(41,430 |
) |
||||||||||||||||||
| Restructuring and other charges, net |
|
1,358 |
|
|
588 |
|
||||||||||||||||||||||||
| Non-GAAP basis |
|
(41,678 |
) |
|
(40,842 |
) |
||||||||||||||||||||||||
| OSI Consolidated | ||||||||||||||||||||||||||||||
| GAAP basis | $ |
1,538,758 |
|
|
189,061 |
|
12.3 |
% |
$ |
1,713,166 |
|
|
217,524 |
|
12.7 |
% |
||||||||||||||
| Restructuring and other charges, net |
|
6,391 |
|
0.4 |
% |
|
5,335 |
|
0.3 |
% |
||||||||||||||||||||
| Amortization of acquired intangible assets |
|
16,766 |
|
1.1 |
% |
|
17,996 |
|
1.1 |
% |
||||||||||||||||||||
| Non-GAAP basis | $ |
212,218 |
|
13.8 |
% |
$ |
240,855 |
|
14.1 |
% |
||||||||||||||||||||
View source version on businesswire.com: https://www.businesswire.com/news/home/20250821285654/en/
Contacts
For Additional Information, Contact:
OSI Systems, Inc.
Ajay Vashishat
Vice President
Telephone: (310) 349-2237
avashishat@osi-systems.com
