Edition:
India

OSI Systems Inc (OSIS.OQ)

OSIS.OQ on NASDAQ Stock Exchange Global Select Market

90.41USD
17 Nov 2017
Change (% chg)

$-0.15 (-0.17%)
Prev Close
$90.56
Open
$90.47
Day's High
$90.90
Day's Low
$90.01
Volume
136,259
Avg. Vol
58,832
52-wk High
$96.44
52-wk Low
$69.08

Latest Key Developments (Source: Significant Developments)

OSI Systems reports Q1 earnings per share $0.52
Friday, 27 Oct 2017 

Oct 26 (Reuters) - OSI Systems Inc :OSI Systems reports first quarter fiscal 2018 financial results.Q1 non-GAAP earnings per share $0.79.Q1 earnings per share $0.52.Q1 revenue $257.1 million versus I/B/E/S view $248.5 million.Sees fy 2018 non-GAAP earnings per share $3.40 to $3.65.Sees fy 2018 revenue $1.045 billion to $1.085 billion.Q1 earnings per share view $0.71 -- Thomson Reuters I/B/E/S.OSI Systems Inc - ‍as of September 30, 2017, company's backlog was $846 million as compared to $738 million as of June 30, 2017​.  Full Article

Osi systems says CEO Deepak Chopra's 2017 total compensation was $7.1 mln
Tuesday, 24 Oct 2017 

Oct 23 (Reuters) - Osi Systems Inc :Osi Systems Inc says CEO Deepak Chopra's 2017 total compensation was $7.1 million versus $6.9 million in 2016 – SEC filing‍​.  Full Article

OSI Systems reports Q4 non-GAAP earnings per share of $1.02
Friday, 25 Aug 2017 

Aug 24 (Reuters) - Osi Systems Inc :OSI Systems reports fourth quarter and fiscal 2017 financial results.Q4 non-GAAP earnings per share $1.02.Q4 earnings per share $0.08.Q4 revenue $252 million versus I/B/E/S view $253.6 million.Q4 earnings per share view $0.93 -- Thomson Reuters I/B/E/S.Sees FY 2018 sales $1.04 billion to $1.08 billion.‍Anticipates 12 percent to 20 percent growth in non-GAAP earnings per diluted share for FY 2018 to $3.35 - $3.60​.FY2018 earnings per share view $3.39, revenue view $1.00 billion -- Thomson Reuters I/B/E/S.‍As of June 30, 2017 company's backlog was $738 million, compared to $623 million as of June 30, 2016​.  Full Article

OSI Systems announces offering of $225 mln in convertible senior notes due 2022
Wednesday, 15 Feb 2017 

Osi Systems Inc : OSI Systems announces offering of $225 million in convertible senior notes due 2022 . Expects to use up to $50 million of net proceeds from sale of notes to repurchase shares of company's common stock .Expects to use proceeds from sale of notes to repay borrowings under credit facility,repurchase shares of Co's stock from purchasers of notes.  Full Article

OSI Systems reports offering of $225 mln in convertible senior notes due 2022
Wednesday, 15 Feb 2017 

OSI Systems Inc : OSI Systems announces offering of $225 million in convertible senior notes due 2022 . OSI Systems Inc - expects to use up to $50 million of net proceeds from sale of notes to repurchase shares of company's common stock .OSI Systems-expects to use proceeds from sale of notes to repay borrowings under credit facility,repurchase shares of co's stock from purchasers of notes.  Full Article

OSI Systems reports Q4 EPS $0.30
Wednesday, 17 Aug 2016 

OSI Systems Inc : OSI Systems reports fourth quarter and fiscal year 2016 financial results . Q4 non-GAAP earnings per share $0.55 . Q4 revenue $221 million versus I/B/E/S view $232.3 million . Sees FY 2017 sales up 4 to 8 percent . Q4 GAAP earnings per share $0.30 . Q4 earnings per share view $0.52 -- Thomson Reuters I/B/E/S . Sees FY 2017 sales $865 million to $895 million . Says company's backlog was $623 million during quarter ended June 30, 2016 .Anticipates 23 pct - 37 pct growth in earnings per diluted share to $2.60 to $2.90, excluding items for fiscal year 2017.  Full Article

OSI Systems says American Science may be required to pay co $11 mln termination fee
Tuesday, 21 Jun 2016 

Osi Systems Inc : If deal is terminated, american science and engineering, inc will be required to pay company a termination fee equal to $11.0 million .Merger agreement also provides that upon termination of merger agreement, co will be required to pay as&e a termination fee equal to $11.0 million.  Full Article

AS&E says to be acquired by OSI Systems for $37/shr
Tuesday, 21 Jun 2016 

American Science And Engineering Inc : Says evercore is serving as financial advisor and provided a fairness opinion to as&e. . American science and engineering inc says expect to maintain as&e's current operations in billerica, ma . Transaction and merger agreement were unanimously approved by as&e's board of directors . Deal for for a total transaction value of approximately $269 million .as&e enters into agreement to be acquired by osi systems for $37 per share in cash.  Full Article

OSI Systems to buy American Science and Engineering
Tuesday, 21 Jun 2016 

Osi Systems Inc : Deal for $37.00 per share in cash, . Transaction has been unanimously approved by osi systems and as&e boards of directors . Deal for approximately $187 million . Deal expected to be accretive to fiscal year 2017 non-gaap diluted earnings per share . Transaction is expected to result in at least $18 million of annual pre-tax cost synergies within first two years post-closing . Expects to fund acquisition with a combination of balance sheet cash and borrowings from its existing $450 million credit facilit . Transaction is expected to be accretive to osi systems' fiscal year 2017 non-gaap diluted earnings per share . Deal expected to be at least 10% accretive to fiscal year 2018 gaap diluted earnings per share . Osi systems expects continued strong cash flow generation from combined business . Osi systems' financial advisors are citigroup and Roth Capital .Osi systems enters into definitive agreement to acquire american science and engineering.  Full Article

OSI Systems Inc Updates FY 2016 guidance
Thursday, 28 Jan 2016 

OSI Systems Inc:Updated current FY 2016 sales guidance is $900 million - $945 million and earnings guidance is $2.95 to $3.20 per diluted share, excluding the impact of impairment, restructuring and other charges.  Full Article

BRIEF-OSI Systems receives $6 million contract for border security

* OSI Systems receives $6 million multi-year service and support contract for border security Source text for Eikon: Further company coverage: