OSI Systems Reports Record Q3 Revenue Amid Contract Transition Challenges
OSI Systems, Inc. (OSIS) reported record fiscal Q3 revenue of $453 million despite a shift in Mexico contracts from product sales to service-based revenue. The Security division grew by 25% excluding the impact of these transitions, while the Optoelectronics segment achieved 10% growth due to its global manufacturing model.
Topics: backlog growth divisional results operational performance revenue