
OSI Systems Inc reports results for the quarter ended June 30 - Earnings Summary

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OSI Systems Inc reported adjusted earnings of $3.24 per share for the quarter ended June 30, surpassing last year's $2.84 and analysts' expectations of $3.19. Revenue increased by 5% to $504.91 million, exceeding the forecast of $496.42 million. The company’s net income was $52.75 million, with shares down 0.7% this quarter but up 33.4% year-to-date. Analysts maintain a "buy" rating, with a median 12-month price target of $247.50, 9.7% above the last closing price of $223.39.
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