Overview
Specialized electronics maker's fiscal Q2 revenue rose 11%, beating analyst expectations
GAAP EPS for fiscal Q2 remained flat yr/yr at $2.22
Company raised fiscal 2026 non-GAAP EPS guidance, anticipating 10%-13% growth
Outlook
Company raises fiscal 2026 non-GAAP EPS guidance to $10.30 - $10.55
OSI Systems maintains fiscal 2026 revenue guidance
Company anticipates strong bookings in second half of fiscal year
Result Drivers
SECURITY DIVISION - 15% revenue growth driven by expanding services revenue, despite softer bookings due to U.S. government shutdown
OPTOELECTRONICS AND MANUFACTURING - 12% revenue growth attributed to operational efficiency and increasing customer demand
CONVERTIBLE NOTES FINANCING - Completed financing expected to lower cost of capital and support growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $464.06 mln | $449.51 mln (6 Analysts) |
Q2 EPS | $2.22 | ||
Q2 Net Income | $38.70 mln | ||
Q2 Gross Profit | $151.63 mln | ||
Q2 Operating Income | $58.80 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electronic equipment & parts peer group is "buy"
Wall Street's median 12-month price target for OSI Systems Inc is $296.00, about 9.1% above its January 28 closing price of $271.39
The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 24 three months ago
Press Release: ID:nBwblks0qa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)