OSI Systems Beats Fiscal Q1 Estimates with $1.66 Adjusted EPS, Revenue of $403.5 Million

OSI Systems Inc. (OSIS) on Thursday reported fiscal first-quarter earnings of $24.6 million, or $1.51 per share, beating Wall Street expectations. Adjusted for one-time gains and costs, the Hawthorne, California-based company earned $1.66 per share. Five analysts surveyed by Zacks Investment Research had expected $1.64 per share. Revenue totaled $403.5 million, topping the $397.3 million forecast. The airport security and full-body scanner manufacturer guided full-year earnings to a range of $11.28 to $11.64 per share, with revenue projected between $1.88 billion and $1.93 billion.