OSI Systems Reports Record Q1 2027 Revenue and Raises Full-Year EPS Guidance
OSI Systems (OSIS) achieved record first-quarter revenue of $403.5 million, representing a 5% year-over-year increase driven by strong performance in its Security and Optoelectronics divisions. Non-GAAP earnings per share rose 17% to $1.66, supported by reduced interest expenses and strategic share repurchases. The company also reported an all-time high backlog of $2.1 billion, providing significant visibility for the remainder of the fiscal year. While the Security segment grew 4% and Optoelectronics surged 16%, the Healthcare division saw a 14% decline as hospitals tightened capital spending. Despite headwinds from regional conflicts in the Middle East and transitions in Mexico-based programs, management raised its full-year non-GAAP EPS guidance to a range of $11.28 to $11.64. The company maintains a strong liquidity position with $302 million in cash and short-term investments.
Tickers: $OSIS
Topics: EPS Increase Record Backlog Revenue Growth Segment Performance Share Repurchases